3 ms·
Looking at the data[0] the article links to, it's interesting that, percentage wise, the bottom 50% have 4x more than in 2011, yet half what they had in 1991.
by B-Con 5y ago
Looking at the data[0] the article links to, it's interesting that, percentage wise, the bottom 50% have 4x more than in 2011, yet half what they had in 1991.
If the 1% share is gaining, then who is losing? It looks like the 50-90% class has lost the most ground, jamming lost about 8% over there last 30 years while the 1% gained about 10%.
[0] https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/ https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...