The rich are receiving richer, but everyone else is essentially stuck.
Despite a strong work market, as an example, wages have actually remained stagnant for many years. In fact, today’s average that is real has a comparable buying energy since it did 40 years back, in accordance with the Pew Research Center.
Something that was from the increase? Bank charges . JPMorgan Chase, for instance, made $1.9 billion from overdraft charges alone in 2016. At some large local banking institutions, charges accounted for very nearly 40 % of income that 12 months, CNBC reports; U.S. (more…)
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