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Friday, August 23, 2019

Top 1% Up $21 Trillion. Bottom 50% Down $900 Billion. — Matt Bruenig

The insights of this new data series are many, but for this post here I want to highlight a single eye-popping statistic. Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion. The bottom 50 percent actually saw its net worth decrease by $900 billion over the same period.…
People's Policy Project
Top 1% Up $21 Trillion. Bottom 50% Down $900 Billion.
Matt Bruenig

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