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We know inequalities exist. The debate is about whether there are acceptable limits to inequality.

  • Is it okay for the top 10% to own 50% of the wealth?
  • Is it okay for the top 1% to own 50% of the wealth?
  • Is it okay for the top 0.1% to own 50% of the wealth?
  • Is it okay for the top 0.01% to own 50% of the wealth?

3. The wealthiest 85 people on the planet have more money that the poorest 3.5 billion people combined.

If there is a limit, what is it, and what do we do with it?
If there isn’t a limit, what do economies look like when 10 people own half the wealth? When 1 person owns half the wealth? When 1 person owns more than half the wealth?

The average American net worth is about $250,000. That number is skewed by the richest. The median net worth is $39,000, close to one year’s median income. So, if your net worth is greater than the price of a nice new car, congratulate yourself.

(Click on the photo for the link – and to 35 pieces of data.)

“35 Soul-Crushing Facts About American Income Inequality” – Salon

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One thought on “Data On Wealth And Income

  1. Pingback: Data That Matters July 2015 | Pretending Not To Panic

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