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    7 Kommentare

    1. These statistics look somewhat less dramatic when you realize that a significant percentage of the population has no wealth at all, because they are in net debt.

      In the United States, that figure is 11%. In other words, if you have a single dollar in net worth, you have more wealth than the bottom 11% of the population *combined.* Do you feel rich now?

    2. Confusing wording, should have percentage after 50, 10 etc or represent it differently in the entirety

    3. Chief_Rollie on

      Fun fact! You can take the entirety of the federal debt out of the wealth gained by the top 10% during the period from 1989 to 2019 and they still would have increased their wealth more than the bottom 90% during that thirty year period combined.

    4. MarkusMannheim on

      I had a class today in which I warned my (data science) students never to submit a pie chart in assessed work. If you google, you’ll learn about some of the many cognitive reasons for this.

    5. LateConversation1034 on

      I never understood the opposition to social programs in the US. The poor are poor because they spend their money; the rich are rich because they hoard their money. Kind of the opposite of trickle-down economics but everyone gets a taste.

    6. LifeguardBig4119 on

      The problem with this view is that it doesn’t account for the ‘wealth’ after transfer programs are in place. SS/Mediaid change this drastically.

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