Bottom line: the inequality of wealth in America is stark. The top 20 percent hole 84 percent of the wealth, the bottom 40 percent, a barely perceptible percentage. For all intents and purposes, the bottom 40 percent have nothing. And the next 40 percent have 16 percent of the wealth. You have to let these numbers sink if and swirl around for a bit to understand what we're talking about here, and what this means. It means we have a huge number of very poor people in this country compared to a middling number who've got almost everything. This cannot be right.
|It's Much Worse than We Think . . .|
|. . . But We Would Like It to Be Much Better|