Distribution of Wealth in the US

What this pie chart is saying is that 97.5% of the wealth in the US is owned by the super rich, wealthy, and upper middle class while the entire middle and working classes have 2.5% of the wealth. A situation that is comparable to the worst Third World contries (a/k/a “Banana Republics”) – and a situation that will only get worse thanks to the big new tax “compromise” approved by congress and the president. Real wages, as adjusted for inflation, have flatlined for the lower and middle classes for the last few decades. Looks like the dream of upward mobility is just that – a dream. Thanks for nothing.

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