
America’s Richest 1% Owned 5% in 1990, Own 36% TodayAmerica’s Richest 1% Owned 5% in 1990, Own 36% Today
Eric Zuesse, originally posted at Strategic Culture According to the U.S. Federal Reserve’s table that’s headlined, “Distribution of Household Wealth in the U.S. since 1989”, the percentage of U.S. privately owned wealth which is held by the richest 1% has risen from 5% in 1990 to 36% today, more than a seven-fold increase. If it […]