For the past half century, inflation adjusted wages have remained basically flat while productivity has more than doubled. The 1% heirs have captured almost all of that growth. So that is the source of this funding - the heirs expropriate the profit of surplus labor time to finance the government which oversees that expropriation.
marcusverus|2 years ago
So how is it that real median household income is up almost 50% in the same timeframe?[0]
[0] https://fred.stlouisfed.org/series/MEHOINUSA672N
lotsofpulp|2 years ago