Mind Blowing American Wealth Disparity: The Bottom 50% Have Comparatively Nothing

Image by Ed Yourdon via Flickr

This is America.

The economic  figures from 2007 show the great wealth inequality.

What does that mean to Americans?

The collapse of a middle class and the impoverishment of future generations.

The figures below show the top 10% controlling nearly 70% of wealth. The bottom 50% of US citizens control just a little over 2% of the wealth.

Unfortunately the wealth disparities have gotten worse since 2007.

It is unbelievable that Americans continue to accept the permanent stratification of society into the few haves and the vast majority of have nots. But socialism and economic justice are dirty words because Americans have been brainwashed into a sheeplike stupidity by their economic overlords.

Grant

Warning! This May Blow Your Mind

….Business Insider has an excellent slide show that adds depth and breadth to this phenomenon. Here’s one graphic (via the Institute for Policy Studies) showing that in 2007 the top 1 percent owned over a third of the nation’s wealth while the bottom 50 percent had a measly 2.5 percent….Source: true/slant.com