4 ms·
My first question on figure 1: Where’s the backdrop of total wealth against the shift? Fortunately, the ‘past’ link sorted this out for me. Secondarily, how d
by phnofive 6y ago
My first question on figure 1: Where’s the backdrop of total wealth against the shift?
Fortunately, the ‘past’ link sorted this out for me.
Secondarily, how do we know who’s giving up the growth? It’s not necessarily constant nor earmarked for each (arbitrary) group.
> from anbende on May 28, 2018:
> I did a little research and math. The top 1% holds 40% of US wealth. The top 10% holds 77%. That’s 37% to “the 9%”. I would hypothesize that even within this 9% we’d find the wealth concentrated at the top in the “2nd 1%”, i.e., the top 2% likely make the middle class look mostly irrelevant.