Question Everything!Everything!! |
Welcome to Truth, FREEDOM OR ANARCHY,Campaign of Conscience. , is an alternative media and news site that is dedicated to the truth, true journalism and the truth movement. The articles, ideas, quotes, books and movies are here to let everyone know the truth about our universe. The truth will set us free, it will enlighten, inspire, awaken and unite us. Armed with the truth united we stand, for peace, freedom, health and happiness for all
Question Everything!
This blog does not promote
This blog does not promote, support, condone, encourage, advocate, nor in any way endorse any racist (or "racialist") ideologies, nor any armed and/or violent revolutionary, seditionist and/or terrorist activities. Any racial separatist or militant groups listed here are solely for reference and Opinions of multiple authors including Freedom or Anarchy Campaign of conscience.
Monday, October 2, 2017
Top 10% Now Own 77% Of The Wealth
Top 10% Now Own 77% Of The Wealth
Help us break through Google’s censorship. Please use the buttons on the top left to share this article on social media.
The Federal Reserve released the 2016 version of the Survey of Consumer Finances today. I will be doing a lot of work with this data in the coming months. But for starters, here is a short post about overall wealth inequality.
The below graph shows the wealth level at each percentile of the wealth distribution. Since wealth is so overwhelmingly concentrated at the top of society, you cannot see much from the chart itself, but you can hover over the line on the graph with your cursor to see the dollar figure at every percentile [See original article for interactive chart].
The next graph shows what percent of wealth is owned by each wealth decile. The way this reads is as follows: the bottom 10 percent owns -0.5 percent of the wealth in the country (they are net debtors) while the top 10 percent owns 77.1 percent of the wealth in the country.
Here is what percent of the wealth is owned by the top 1 percent of families.
In 1989, the top 1 percent owned 29.9 percent of the wealth in this survey. In 2016, it was up to 38.5 percent.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Anyone is welcome to use their voice here at FREEDOM OR ANARCHY,Campaign of Conscience.THERE IS NO JUSTICE IN AMERICA FOR THOSE WITH OUT MONEY if you seek real change and the truth the first best way is to use the power of the human voice and unite the world in a common cause our own survival I believe that to meet the challenges of our times, human beings will have to develop a greater sense of universal responsibility. Each of us must learn to work not just for oneself, ones own family or ones nation, but for the benefit of all humankind. Universal responsibility is the key to human survival. It is the best foundation for world peace,“Never be afraid to raise your voice for honesty and truth and compassion against injustice and lying and greed. If people all over the world...would do this, it would change the earth.” Love and Peace to you all stand free and your ground feed another if you can let us the free call it LAWFUL REBELLION standing for what is right