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15 Mind-Blowing Facts About Wealth And Inequality In America

By Gus Lubin

May 07, 2010 "
SFGate" -- Real average earnings have not increased in 50 years

The rich are getting richer and the poor are getting poorer.

Cliché, sure, but it's also more true than at any time since the Gilded Age.

The poor are getting poorer, wages are falling behind inflation, and social mobility is at an all-time low.

The gap between 1% and everyone else hasn't been this bad since the roaring Twenties

The gap between 1% and everyone else hasn't been this bad since 
the roaring Twenties
Source: The Nation
 

Half of America has only 2.5% of the wealth

 

Half of America has only 2.5% of the wealth
Source: Institute for Policy Studies
 

Half of America has only 0.5% of the stocks and bonds

 

Half of America has only 0.5% of the stocks and bonds
Source: Institute for Policy Studies
 

Look at the gap grow!

 

Look at the gap grow!
Source: Professor G. William Domhoff
 

The last two decades were great... except for American workers

 

The last two decades were great... except for American workers

 

Real average earnings have not increased in 50 years

 

Real average earnings have not increased in 50 years

 

But savings rates are sinking

 

But savings rates are sinking

 

Poor Americans have a SLIM CHANCE of rising to the upper middle class

 

Poor Americans have a SLIM CHANCE of rising to the upper middle 
class
Source: NBER
 

Republican tax cuts have significantly increased the gap

 

Republican tax cuts have significantly increased the gap
Source:
 

Taxes get better and better for the rich

 

Taxes get better and better for the rich

 

America spreads the wealth FAR LESS than other developed countries

 

America spreads the wealth FAR LESS than other developed 
countries

 

America's income spread is nearly twice the OECD average

 

America's income spread is nearly twice the OECD average
Source: Economist
 

The gap is NOT growing in many countries, like France

 

The gap is NOT growing in many countries, like France

 

Inequality is worst around Wall Street and Oil Land

 

Inequality is worst around Wall Street and Oil Land

 

If you aren't in the top 1%, then you're getting a bum deal

 

If you aren't in the top 1%, then you're getting a bum deal

 

Now read...

 

Now read...

20 Cities That Have Completely Missed The Recovery

   
 

 

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