Wednesday, November 23, 2016

Wealth Inequality in America, Circa 2016

.1 percent of us have the same wealth as 90 percent of us have. This seems perverse. A lot of the people who are suffering, both Democrats and Republicans say something has to change. They can hardly survive. Where have the jobs gone? Why haven't they received any pay increase since the 1970s? Why do they have to work 2 or 3 jobs, some part-time, to make ends meet? The answer may be found in the following graph.




















Share of US household wealth by income level - Business Insider


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.