Wealth Inequality in America
politizane・2 minutes read
The wealth distribution in the U.S. is significantly skewed, with the top 1% possessing 40% of the nation's wealth, while the bottom 80% collectively only hold 7%, indicating a wide wealth gap that 92% of Americans believe should be more equitable. The top 1% has seen a substantial increase in their share of income over the last few decades, owning half of the country's stocks, bonds, and mutual funds, while the bottom 50% of Americans own only half a percent of these investments, highlighting a significant disparity in wealth distribution.
Insights
- Survey results show that 92% of Americans believe wealth distribution in the U.S. should be more equitable, highlighting widespread dissatisfaction with the current state of affairs.
- The top 1% in the U.S. holds 40% of the nation's wealth, a stark contrast to the bottom 80% collectively owning just 7%, emphasizing a significant wealth gap that has widened over the past few decades.
Get key ideas from YouTube videos. It’s free
Recent questions
How do Americans perceive wealth distribution?
Unequally
What percentage of wealth do the top 1% hold in the U.S.?
40%
How much wealth do the bottom 80% collectively possess?
7%
What percentage of Americans own half of the country's stocks, bonds, and mutual funds?
Top 1%
How has the share of income for the top 1% changed over the last few decades?
Increased
Related videos
BLOUIN ARTINFO
Robert Reich on "Inequality for All"
FRONTLINE PBS | Official
The Power of the Fed (full documentary) | FRONTLINE
CNBC
Why Bill Gates Is Buying Up U.S. Farmland
60 Minutes
Tax the Rich; New Tax Havens; Washington Insiders; Dialing for Dollars | 60 Minutes Full Episodes
Motiversity
RICH VS POOR MINDSET | An Eye Opening Interview with Robert Kiyosaki