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Top LinkedIn News for Today: Rich = Richer

https://www.linkedin.com/feed/news/the-wealthy-are-getting-w...
imanxoxoposter
  02/11/19
Top 0.1% of the population possess nearly 20% of the country...
imanxoxoposter
  02/11/19


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Date: February 11th, 2019 8:01 AM
Author: imanxoxoposter

https://www.linkedin.com/feed/news/the-wealthy-are-getting-wealthier-4378235/

The wealth gap in the U.S. is expanding, reveals economist Gabriel Zucman. He notes that the top 0.1% of the population possess nearly 20% of the country’s wealth, with the 400 richest Americans owning more than the 150 million in the bottom 60% — who saw their wealth drop from 5.7% of the nation’s shares in 1987, to just 2.1% in 2014. Zucman concludes that “U.S. wealth concentration seems to have returned to levels last seen during the Roaring Twenties.”



(http://www.autoadmit.com/thread.php?thread_id=4199351&forum_id=2#37762083)



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Date: February 11th, 2019 8:03 AM
Author: imanxoxoposter

Top 0.1% of the population possess nearly 20% of the country’s wealth

Zucman concludes that “U.S. wealth concentration seems to have returned to levels last seen during the Roaring Twenties.”

“The U.S. is seeing the biggest wealth gap since the Roaring Twenties - and we remember what came next, right?”



(http://www.autoadmit.com/thread.php?thread_id=4199351&forum_id=2#37762092)