capitalism
capitalism
Out of context: Reply #739
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- Milan0
1) Combined share of total US wealth held by everybody except the richest 10%, 1990-2020.
2) The share of US wealth held by *just* the top 1%, 1990-2020.
What it means: 10% of Americans control *70%* of national wealth. And the top 1% own more than the bottom 90% COMBINED.
- Every time someone posts this or one of the other similar claims I wonder what point you think you’re making.Morning_star
- but the bottom 90% hold all the debt._niko
- @niko. Sorry but no. Most debt is held by educated, professional or management level people with families.Morning_star
- Everybody hates the rich until they become rich themselves, then they hate taxesgrafician
- Most people think, behave and vote as they'll be rich one day, but 99% stay poor.Milan
- You’ve just made that up. Rich is relative and hope is a good thing.Morning_star