Too bad about the 99 percent

It’s “a great economy unless you have to work for a living,” writes Harold Meyerson:

Here are the headlines to four stories that were published last week in The Wall Street Journal, The Washington Post, and The New York Times:

“Wall Street Traders Are Having Their Best Year Ever,” in Wednesday’s Journal

“U.S. Stocks Rise Within 0.5% of Their Record, Even as Oil Prices Keep Climbing,” in Wednesday’s Post

“U.S. Workers Are More Productive Than Ever. A.I. Isn’t the Key,” in Tuesday’s Times

“Americans’ Wages Have Barely Budged Since Trump Took Office,” in Wednesday’s print edition of the Post

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.

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