{"id":13766,"date":"2026-09-27T21:56:11","date_gmt":"2026-09-28T01:56:11","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/?p=13766"},"modified":"2026-09-27T21:56:38","modified_gmt":"2026-09-28T01:56:38","slug":"13766","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/2026\/09\/27\/13766\/","title":{"rendered":""},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The statistic on page 29 that made the biggest impression on me is that the top fraction of the superrich\u2014just 1 percent of the population, around 145,000 people\u2014grew their total income by almost 600 percent over the last three decades, while the real income for the bottom 90 percent actually dropped by 7 percent<sup><\/sup>. This really stood out to me because it shows how the gap isn&#8217;t just widening, but going in totally opposite directions, where everyday people are falling behind while the people at the very top see their fortunes skyrocket<sup><\/sup>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Living in a society with this much wealth inequality has huge implications, like letting a tiny group of giant corporations and superrich individuals control everything from jobs to the cost of living while whole communities are left struggling<sup><\/sup>. You can definitely see this happening in everyday life when you look at how rent and basic prices keep going up while regular wages stay the same, forcing people to work extra hours or multiple jobs just to get by while companies make record profits<sup><\/sup>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The statistic on page 29 that made the biggest impression on me is that the top fraction of the superrich\u2014just 1 percent of the population, around 145,000 people\u2014grew their total income by almost 600 percent over the last three decades, while the real income for the bottom 90 percent actually dropped by 7 percent. This&hellip;<\/p>\n","protected":false},"author":11080,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"portfolio_post_id":0,"portfolio_citation":"","portfolio_annotation":"","openlab_post_visibility":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-13766","post","type-post","status-publish","format-standard","hentry","category-discussion-board-5-3"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/posts\/13766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/users\/11080"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/comments?post=13766"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/posts\/13766\/revisions"}],"predecessor-version":[{"id":13767,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/posts\/13766\/revisions\/13767"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/media?parent=13766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/categories?post=13766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0501-fall-2026-american-government\/wp-json\/wp\/v2\/tags?post=13766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}