Who's Getting It All?
We often hear about how a small minority of Americans is getting the majority of the wealth in this country. Here, for example. However, I find some people can relate to those numbers a little better if explained this way:
Where is the Wealth? Here's another way to look at it. Suppose the United States comprised a group of 100 persons, and had a cumulative wealth of one hundred dollars. That money would be distributed approximately:
1 person gets $33.40
9 people get $4.01 each
40 people get $0.70 each
50 people get $0.05 each.
What will you do with your nickel?
Where is the Wealth? Here's another way to look at it. Suppose the United States comprised a group of 100 persons, and had a cumulative wealth of one hundred dollars. That money would be distributed approximately:
1 person gets $33.40
9 people get $4.01 each
40 people get $0.70 each
50 people get $0.05 each.
What will you do with your nickel?
Labels: economy