Know 34 shocking Facts About USA How much American Rich People own America and American wealth
Know 34 shocking Facts About USA How much American Rich People own America and American wealth
We are the 99% Percent a slogan of Occupy Wall Street Protesters
new slogan: “We are the 99 percent.” This slogan refers an economic struggle between 99 percent of Americans and the richest one percent of Americans, who are increasingly accumulating a greater share of the national wealth.
Difference between 99% American Population and 1% Rich Americans who control everything from Money to President
1. Top one per cent of Americans own 40 per cent of nation's wealth
2. 25 years ago, the top one per cent owned 33 per cent wealth
3. Top one per cent takes home 24 per cent of national income.
4. in 1976 rich people took home just nine per cent this clearly shows that American policy and politicians work towards making rich people more rich making others poor.
5. Top one per cent owns half of the country's stocks, bonds and mutual funds
6. The next nine per cent owns 39.4 per cent of stocks, bonds and mutual funds
7. Top one per cent owns half of the country's stocks, bonds and mutual funds
8. The next 50-90 per cent owns 9.3 per cent of stocks, bonds and mutual funds
9. bottom 50 per cent of Americans owns only .5 per cent of these investments. Point 5 percent of investment.
10. The bottom 50 per cent owns 9.3 per cent of stocks, bonds and mutual funds
11. Next four per cent own 27 per cent wealth
12. Next 10 per cent own 12 per cent wealth
13. Next five per cent own 11 per cent wealth
14. The bottom 80 per cent own just seven per cent
15. Top one per cent has only five per cent of nation's personal debt
16. the bottom 90 per cent has 73 per cent of total debt
17. Top one per cent has 20 per cent deposits
18. The next nine per cent has 38 per cent deposits
19. The bottom 90 per cent has 42 per cent deposits
20. Top one per cent has 14 per cent pension accounts
21. The next nine per cent has 45 per cent pension accounts
22. The bottom 90 per cent has 41 per cent pension accounts
23. Top one per cent has 22 per cent life insurance
24. The next nine per cent has 33 per cent life insurance
25. The bottom 90 per cent has 45 per cent life insurance
26. Top one per cent has five per cent debt
27. The next nine per cent has 21 per cent debt
28. The bottom 90 per cent has 73 per cent debt
29. 1923 to 1929: Top one per cent took 70 per cent of the nation's income. The bottom 90 per cent took 15 per cent.
30. 1960-69: Top one per cent took 65 per cent of the nation's income. The bottom 90 per cent took 11 per cent.
31. 1976-79: Top one per cent took 48 per cent of the nation's income. The bottom 90 per cent took 36 per cent.
32. 1982-89: Top one per cent took 41 per cent of the nation's income. The bottom 90 per cent took 26 per cent.
33. 1992-2000: Top one per cent took 43 per cent of the nation's income. The bottom 90 per cent took 39 per cent.
34. 2002-2007: Top one per cent took 64 per cent of the nation's income. The bottom 90 per cent took 12 per cent.
Support Occupy Wall Street
Bring change in laws and Policies
Nothing will change if you change Politician
Real change happens only with the change in the policies of Government
This applies to every nation.
Reality views by sm –
Saturday, October 15, 2011
Tags – USA Rich Poor Gap Occupy Wall Street
2 comments:
looks like that story is same everywhere.
@Renu
thanks.