Why America Is Failing – ‘Twenty Wealthiest Americans Now Own More Than 50 Percent of US Population’
20 people……..20 people hold as wealth as over 160,000,000 middle class and poor Americans.
‘Despite the ongoing scrutiny of income inequality and a plethora of advocacy efforts aimed at reversing the trend, the redistribution of wealth upward continues at a dizzying pace’.
‘That’s the conclusion of an analysis released today of the Forbes 400 list of the wealthiest Americans. Conducted by the Institute for Policy Studies (IPS), the report indicates that the net worth of the top 0.1 percent of the US population continues to swell’.
‘Donald Trump is a good example of tremendous wealth, born on third base, inherited advantage, remaking himself into a self-made man’.