Wealth inequality in America

[GMDino]

(07-26-2017, 03:56 PM)Belsnickel Wrote: Without doing any research, how do you think wealth is distributed in the U.S.? Divide the population into quintiles and assign a percentage of total wealth to each. How much total wealth is held by the bottom 20%, second 20%, third 20%, fourth 20%, and top 20%)?

Then watch the video. How close were you? What do you think about this issue?





And because there will be the inevitable "equality of opportunity" commentary: https://www.theatlantic.com/business/archive/2015/06/what-matters-inequality-or-opportuniy/393272/?utm_source=fbb

I guess I'm not surprised.  I was going to ask what it looked like before the Reagan Revolution start the long hard screwing of the middle class but the reference to 1976 kind of answers that question.

The next question is:  So what can be done?  Probably nothing now.