Home > Decline of the USA > +74.2% to the top 5%, -1.5% to the middle fifth, 1983–2010 – USA

+74.2% to the top 5%, -1.5% to the middle fifth, 1983–2010 – USA

August 2, 2013 Leave a comment Go to comments

USA share of total household wealth growth accruing to various wealth groups 1983-2010

Source: http://stateofworkingamerica.org/chart/swa-wealth-figure-6b-share-total-household/

  1. Paul Gorbow
    September 1, 2013 at 9:30 am
    Reply

    It’s a tragic picture. There is a great ignorance (or unintelligence, stupidity) to the egoism lying behind these movements. More money to the lower fifths would so obviously fuel “the economy”, so the wealth of the upper percentiles is inherently short term. It seems that sustaining it long-term depends on a collective idea among the rich, that once the US really goes bad, wealth will just be pumped out of the US into other regions.

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