Under GOP leadership, NC's income gap is the widest in decades

homelessincharlotte.jpeg

The inequality is now staggering:

In North Carolina, the average income for someone in the top one percent is 20.6 times larger than everyone else, a figure that has increased substantially during the Great Recession and is much higher than it was in the 1960s through early 1980s. The top one percent took home over 17 percent of all income in North Carolina in 2015, and the top 0.1 percent commanded 7.4 of all income. In 1974, when the level of income inequality in North Carolina was the lowest in modern history, the top one percent only consumed 7.8 percent of all North Carolina income.

Not an accident, it's by design. And the vast majority of the Republican base has unknowingly contributed to its own decline.

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Comments

That's a Charlotte homeless shelter pictured

No doubt these folks will be swept off the streets when the RNC 2020 comes to town, because you can't have such blatant evidence of the failure of GOP economic policies staring you in the face.