‘Eye-Popping’: Analysis Shows Top the 1% Gained $21 Trillion in Wealth Since 1989 While Bottom Half Lost $900 Billion
“The top one percent owns nearly $30 trillion of assets while the bottom half owns less than nothing.”
“Enormous crisis,”
… Rep. Pramila Jayapal (D-Wash.) tweeted in response to Bruenig’s analysis.
“We have the worst inequality in this country since the 1920s,”
… wrote Jayapal, co-chair of the Congressional Progressive Caucus.
“Three wealthiest people in America have as much wealth as the bottom 50 percent.”
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This article (‘Eye-Popping’: Analysis Shows Top 1% Gained $21 Trillion in Wealth Since 1989 While Bottom Half Lost $900 Billion) was originally created and published by commondreams.org and is republished here with permission and attribution to author and commondreams.org. Additional images and reformatting by TLB Project.
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