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It’s a Great Economy Unless You Have to Work for a Living
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July 24, 2026 | WORKING IN AMERICA | The gap between investment income and work income has never been so glaring. …If there’s a problem with the American economy, it’s only because some people have to work for a living. Income from investment—the primary source of income for roughly 1 percent of Americans—is soaring. The remaining 99 percent, who depend primarily on income from their work, are the laggards grousing about prices and necessities that may be out of reach. Of all the other indices from which wages are decoupled, it’s productivity that poses the immediate question, at least in conventional economics. Continued at The American Prospect ART/GETTY IMAGES
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