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Showing posts with label citizens. Show all posts
Showing posts with label citizens. Show all posts

Thursday, June 24, 2010

Disparity

The greater the disparity in wealth between the very rich and everyone else, the more unstable an economy becomes . Our nation has now created a larger gap in distribution of wealth than the massive chasm that helped fuel the Great Depression. In 1928, one year before the global economic collapse, the wealthiest .001% of the U.S. population owned 892 times more than 90% of the nation’s citizens. Today, the top .001% of the U.S. population owns 976 times more than the entire bottom 90%.