“If the minimum wage had continued to go up in step with productivity, it would now be not $7.25 but about $25 an hour. A recent RAND study found that if the U.S. had remained as equitable as it was in 1975 for the next 43 years through 2018, the bottom 90 percent of Americans would have earned an extra $47 trillion. Instead that money flowed in a great flood to the top.”