This chart is all over the place and rightly so. Nothing so succinctly explains the current problems in the United States especially when compared with a half-century ago.
Distribution of Wealth in 1950
Top 20% of the population - 42.8% (currently 85%)
Middle 20% of the population - 17.4%
Bottom 20% of the population - 4.5%
We can also look back over the past 100 years. Source: Business Insider, plus 14 other charts.
See also Who Rules America.
Wednesday, February 23, 2011
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