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Havoc 22 hours ago [-]
WTH happened to bottom 50 during 2010? Went to basically zero
Presumably that post GFC wipeout but still seems rather dramatic
lovich 22 hours ago [-]
As someone who had to shoplift food during the era if I wanted to eat, jobs were scarce and the meager savings that everyone in my financial situation had were quickly wiped out.
lithocarpus 1 days ago [-]
In 27 years
The top 1% went from holding 22.8% of wealth to holding 31.6%
The bottom 50% went from holding 3.5% to 2.5%.
lithocarpus 1 hours ago [-]
In simpler language:
The top 0.1% increased their share of the total wealth by 67%.
The top 1% increased their share of the total wealth by 40%.
And the bottom 50% decreased their share of the total wealth by 30%.
1 hours ago [-]
1 days ago [-]
phendrenad2 1 days ago [-]
Give me one good reason why I should believe these numbers at all. Are they corroborated by independent third-parties who don't have a vested interest in making things look better than they are?
pseudohadamard 12 hours ago [-]
Came here to say the same thing. It's a Trump-regime government body, how can we know whether the figures are real or not?
Presumably that post GFC wipeout but still seems rather dramatic
The top 1% went from holding 22.8% of wealth to holding 31.6%
The bottom 50% went from holding 3.5% to 2.5%.
The top 0.1% increased their share of the total wealth by 67%.
The top 1% increased their share of the total wealth by 40%.
And the bottom 50% decreased their share of the total wealth by 30%.