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 cut nearly in half .

The United States is a land of opportunity, which as it should be, an expression of extant, but not guaranteed, possibilties: a land of milk and honey it is not, nor should it be viewed as a warranty for others to fulfill.

Pareto 80/20 rule at work

The handiwork of Republicans. 😒 This isn't what America's Founders intended. The GOP always wants to take the US backwards—OK, one actually beneficial thing to do in that respect is to restore the tax code to 1950. Make the rich and big corporations pay their fair share again.

Nice job of choosing a picture that explains your entire article

No wonder Bill Gates who always talked about Virus becomes richer in lock down and make the rich gap wider. That's why Trump is trying hard to open the country fighting with MSM. US citizens must aware of it.

Is this surprising to anyone? Did anyone take basic economics? The poor need all of their income to provide basics of life. The wealthy only need a small portion of their income to pay for basics and the rest gets invested. This continues over time - but it’s not unpredictable.

What's stopping people of going into the market...learning how to read charts, financial statements, sec filings...find good companies and rake? Serious question...all it takes is wanted to do it. You can make as much as you want if you are disciplined and focused.

Eat the rich

And the bottom 50% would still be the envy of most people in the world.

Hello amazing famz checkout this lovely jam it’s lit and nice feel the vibe don’t miss out love y’all 🔥❤️🙏🏿💃

I think this is ok if it were made legally, proper and fair taxes paid on income and profits made, and if no labor or other laws that would apply in America were violated in other countries in making any products. wealthy profits income economics CNBC

Crazy. Let me order something I don’t need on Amazon now.

AbolishTheBillionaireClassNow BillionairesAreAThreatToDemocracy

Undoubtedly we live in quite unprecedented times. Even Forbes criminalizes innovation and wealth. I suppose Lenin in our era would be a liberal.

But Why😭😭😭😭😭

So?

I bet they didn’t work for it either....no? Oh they did?! Never mind.

Wow! Forbes with the details. I had no idea I was poor until THIS article was published 🙄

really?

AbolishTheBillionaireClassNow BillionairesAreAThreattoDemocracy

Elon Musk does 1000% more for Humanity than 50% of poor idiots

So? Whats the perfect mix? Do u want everyone to stay on top?

Story you'll never see: The Bottom 50% of Americans pay no federal income tax.

Cool.

And your point is?

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