Inequality in America: Far Beyond Extreme
Bob LORD
We’ve all seen the stats on America’s extreme inequality. Over 20 percent of our nation’s income flows to the top 1 percent. The top 1 percent’s share of our country’s wealth is approaching 40 percent. Our top 0.1 percent hold roughly the same share of our wealth as our bottom 90 percent.
All eye-popping numbers to be sure. But don’t be fooled. These numbers understate our problem. And not by just a little.