Top 1% Of U.S. Households Hold 15 Times More Wealth Than Bottom 50% Combined

A critical factor in the explosion of wealth among a particular segment of the U.S. population has been access and exposure to the stock market.

The Fed estimates that the wealthiest 10% of Americans hold more than 88% of all available equity in corporations and mutual fund shares .The numbers have been trending in this direction for a long time. The data provided by the Federal Reserve tracks back to 1989, and it shows that over the past three decades, the top 10% of U.S. households have seen their wealth rise by almost ten percentage points , while the total wealth controlled by the bottom 50% has been nearly cut in half .

kalvetu Angayuma! :(

'Top 1% Of U.S. Households Hold 15 Times More Wealth Than Bottom 50% Combined' That's because top 1% need more tax cuts and the bottom 50% have a debt of $25 Trillion to pay off. It isn't fair for tomorrow's kids.. JeffBezos BillGates ElonMusk CNBC WSJ Business UN4Youth

Makes sense and also explains our “NATIONAL” debt. The worlds “Royal”economic & entertainment puppet? TimeAndMoney - 🇺🇸🦍😏

Why they put Elon’s picture up, he the only one doing something good for humanity

Wait see what will happen if Dems take control

Of all the billionaire's you put Elon Musk a person who owns a rocket company which is hardly profitable due to R&D and a car company with low margins leaving billionaire's making more by exploiting their customers....why can't boldie be at the cover hmm

Impressive

you should throw in how elon has been advocating for a basic income for people

Don't touch Elon Musk

Forbes 👍🥰 ElonMusk 😍💓

So what it’s always been that and will always be that way

I believe in GOOD monopolies, I believe in patience in change. I believe the system is getting better to put the money in good people to create good monopolies. We need good health not being monopolized. Wealth can help for innovation which will be the tru answer.❤️❤️TIME❤️❤️

Socialism for the rich, Capitalism for the poor

This is the result of big government. Neither party writes bills or laws. They have lobbyists write legislation that favor the powerful corporations over small businesses. The fed prints money increasing the value of real estate and stocks. Fire them all.

Musk is not a very good example for this article. He just sold most of his possessions and his wealth is invested in his companies, providing well payed jobs to ~50K people and pushing technologies forward. PS: Starlink is already at 100Mbps speed and 30ms latency 😎👍

Why use a picture of Elon? This is dumb.

So being bright and innovative like elonmusk and JeffBezos is a bad thing? All Americans have the same opportunity.

Same in North Korea. Same in Nigeria.

This is our real economy, and why the stock market rise has very little use for most Americans.

Top 1% of Elon Musk's head is a wig.

Good choice of thumbnail. It displays Musk’s true cuntiness.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Top-Grossing Book-to-Movie Adaptations of All TimeOne story has been adapted more than 20 times!
Source: marieclaire - 🏆 102. / 63 Read more »

Stephen Miller, a top aide to President Trump, tests positive for coronavirusStephen Miller, President Trump’s senior advisor and speechwriter, became the latest member of the White House to test positive for the coronavirus on Tuesday. Well, they work in highly public jobs...true warriors. LA TIMES writers work from their closets or basements It’s a virus. You can’t stop it. Masks don’t make you immune. Live your life and don’t be afraid.
Source: latimes - 🏆 11. / 82 Read more »

Stephen Miller, Top Aide To Donald Trump, Tests Positive For CoronavirusStephen Miller, a top aide to President Donald Trump, has tested positive for the coronavirus, becoming the latest White House official to be infected by the COVID-19 pandemic. Multiple news outlet… Couldn’t have happened to a better person Isn't that a picture of Joseph Goebbels after stress balding?
Source: DEADLINE - 🏆 109. / 63 Read more »

Stephen Miller, top White House aide, tests positive for coronavirusSeveral people tied to the White House or President Donald Trump's re-election campaign have tested positive for Covid-19, including Trump and the first lady. Here is a classic from Mark Twain: — 'I've never wished a man dead, but I have read some obituaries with great pleasure.' Hey Steven I am feeling great. I don’t have the virus!! You know why? I followed the sciences and they are right. People should listen to them not some fruit cake who pretends he is a President. Hope you feel better soon cause you are going to really see what sick is.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

Top White House aide Stephen Miller tests positive for Covid-19JUST IN: Stephen Miller, a top aide to President Donald Trump, has tested positive for coronavirus, he said Tooda The hubris of all of them. For the second time. Don’t forget to say that. Great news. Piece of shit😡
Source: CNN - 🏆 4. / 95 Read more »

Pentagon's top military leaders quarantining after Coast Guard admiral tests positive for COVID-19All members of the Joint Chiefs of Staff are quarantining at home after the vice commandant of the U.S. Coast Guard tested positive for COVID-19, according to two U.S. officials. Any on life support ? If you don't think Trump's recklessness is a threat to our national security, think again. Now that’s an obscure military post.
Source: ABC - 🏆 471. / 51 Read more »