Economic inequality in the US reaches levels not seen since Great Depression - CSMonito... - 1 views
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hcps-karrah on 29 Jan 15"Since then, wealth inequality in America has followed a U-shaped trajectory, declining through the Great Depression until the mid-1980s, then steadily increasing since then. Now, the richest Americans have a share of the country's wealth almost big enough to rival those in the late 1920s, according to a new study" This article shows how the wealthiest people in the United States own a large share of the country's wealth. The article also discusses the income difference between the middle and lower classes. The middle/lower classes earn $84,000, while the income of the upper class is $160,700. Finally, the article shows how almost all of the United States is composed of the lower classes (90%), while the wealthiest control 11.2% of the country's wealth according to the article.
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pulkitrampa on 01 Feb 15"In the late 1920s, the top 10 percent of Americans possessed 84 percent of the country's wealth. Since then, wealth inequality in America has followed a U-shaped trajectory, declining through the Great Depression until the mid-1980s, then steadily increasing since then. Now, the richest Americans have a share of the country's wealth almost big enough to rival those in the late 1920s, according to a new study" This article first covers how the unemployment rate in America is going down. But even though less Americans are jobless, it remains true that the top 1% of America is still getting an unrealistically high amount of that wealth. This has been a common theme throughout America and has prompted several people in the lower-middle class to riot.
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hcps-karrah on 01 Feb 15"Since then, wealth inequality in America has followed a U-shaped trajectory, declining through the Great Depression until the mid-1980s, then steadily increasing since then. Now, the richest Americans have a share of the country's wealth almost big enough to rival those in the late 1920s, according to a new study" This article shows how the wealthiest people in the United States own a large share of the country's wealth. The article also discusses the income difference between the middle and lower classes. The middle/lower classes earn $84,000, while the income of the upper class is $160,700. Finally, the article shows how almost all of the United States is composed of the lower classes (90%), while the wealthiest control 11.2% of the country's wealth according to the article.