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Reuters: Trump says he might not renew USMCA
(www.reuters.com)
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this post was submitted on 10 Jun 2026
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You're right actually, now that I check it looks like the proportional drop is big but not faster than their historical growth. That big growth means until recently it's more ramp shaped in absolute terms.
IIRC the wealth of the bottom half actually went up proportionally during the New Deal/post-WWII, although that's about the only peacetime period it's ever happened in. Not sure about income, although I'd guess the same.