Friday, July 21, 2017

Fact of the Day

The latest official estimates indicate that the richest US 10 percent held 76 percent of the nation’s wealth as of 2013.

That means for every $10, these few own $7.60, leaving $2.40 for the remaining 90 percent. And the concentration of wealth is only getting worse. (The richest 10 percent held only 67 percent of the nation’s wealth in 1989.)

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