Send a Tweet
Most Popular Choices
Share on Facebook 1 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds   

Mind Blowing American Wealth Disparity: The Bottom 50% Have Comparatively Nothing

By       (Page 1 of 1 pages)     (# of views)   2 comments
Author 19590
Message Douglas g
- Advertisement -

This is America.

Economic figures from 2007 show the great wealth inequality.

What does that mean to Americans?

The collapse of a middle class and the impoverishment of future generations.

- Advertisement -

The figures below show the top 10% controlling nearly 70% of wealth. The bottom 50% of US citizens control just a little over 2% of the wealth.

Unfortunately the wealth disparities have gotten worse since 2007.

It is unbelievable that Americans continue to accept the permanent stratification of society into the few haves and the vast majority of have-nots. But socialism and economic justice are dirty words because Americans have been brainwashed into a sheeplike stupidity by their economic overlords.

- Advertisement -

Warning! This May Blow Your Mind

....Business Insider has an excellent slide show that adds depth and breadth to this phenomenon. Here's one graphic (via the Institute for Policy Studies) showing that in 2007 the top 1 percent owned over a third of the nation's wealth while the bottom 50 percent had a measly 2.5 percent.... Source: true/slant.com


Copyrighted Image? DMCA

 

- Advertisement -

Well Said 1  
Rate It | View Ratings

Douglas g Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I am a progressive.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Whatever Happened to Nazi Synthetic Gas and Oil Technology? Scarcity Scams Examined

Death Panels Already Exist, They are Called Corporate Health Insurance Bureaucrats

The Most Important Development of the 20th Century: "The Coming of Buddhism to the West"

Why I Appreciate Atheists

American Southwest Geoglyphs--a Message to Ancient UFO Visitors?

Hannity's Hoaxes: The Uncharitable Scamming of the Gullible