Talk of The Villages Florida - View Single Post - Tokyo Olympic Committee bans spectators.
View Single Post
 
Old 07-10-2021, 11:48 AM
jimjamuser jimjamuser is offline
Sage
Join Date: Mar 2018
Posts: 9,863
Thanks: 6,858
Thanked 2,238 Times in 1,806 Posts
Default

Quote:
Originally Posted by Bucco View Post
Jimjamuser is absolutely correct. If you pay attention, the disparity in wealth is affecting us all in so many ways. We lead the world and it’s growing, but many here have simply scrapped our dream, invented their own, and keep telling us how we should be.

“In 2016, 77.1 percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 1.2 percent of the total wealth.”

• U.S. wealth distribution in 2016 | Statista

Inequality is slowing U.S. economic growth: Faster wage growth for low- and middle-wage workers is the solution | Economic Policy Institute
Yes, and the wealth disparity has gotten exponentially worse between 2016 and today.