Skewing of income distribution to the detriment of wage earners: How has the income taken from households been used?

Since the late 1990s, income distribution has been skewed to the detriment of wage earners in the United States, the euro zone and Japan. This income taken from households may have been used in several possible ways: To boost corporate investment; To reduce corporate debt or increase corporate cash reserves; To finance fiscal deficits; To finance the rest of the world. We find that the income taken from households ( due to wage growth being outstripped by productivity) has been used to: In the United States, increase cash reserves and finance fiscal deficits; In the euro zone, increase cash reserves and finance the rest of the world; In Japan, reduce debt, increase cash reserves and finance the rest of the world. This shows that the skewing of income distribution to the detriment of wage earners has to a large degree been pointless.