As it turns out, there’s a huge difference between our perception of the wealth inequality in America and reality.
This is freaky!
According to the video, 5,000 Americans were asked how they think wealth is distributed in this country. They then are asked to explain what the ideal distribution would be. Then the video shows what the actual distribution is. … And what they show will shock you.
Four shocking facts from the video:
The top 1% has 40% of all the nation’s wealth. The bottom 80% percent, 8 out of 10 people, only has 7% between them and this has only gotten worse in the last 20-30 years.
While the richest 1% take home take home almost a quarter of the national income today, in 1976, they only took him 9%!
The top 1% has more of the country’s wealth than 9 out of 10 Americans believe the entire top 20% should have.
The average worker needs to work more than a month to make what the CEO makes in one hour.
How is any of this okay? How do we go about fixing something like this?
Thank you to our friends at Upworthy for raising awareness about this important topic!
Photo credit: YouTube, “Wealth Inequality in America”