Occupy protestors say it is 99% v 1%. Are they right? | News | guardian.co.uk - 0 views
-
Is it really 99% v 1%? It has become the rallying cry of the Occupy Wall Street movement - and the Occupy protests around the world. But is it true?
-
When Americans are asked how US wealth is distributed, they think the very richest fifth should own up to 40% of the national wealth - and that includes 90% of Republicans surveyed. In fact, that richest group owns 85% of the nation's wealth. Those surveyed also thought the bottom 120 million people should own around 10% of the national wealth. The reality: 0.3%
-
In 2010, the average American earned $26,487 - down over $2,000 in real terms on 2006. That's a drop of 5.27%, including inflation. If you were poor it's been an even bigger drop - the 24 million least wealthy households in America saw their average income go down by 10% From $12,276 in 2006 to $11,034 in 2010
- ...8 more annotations...