Top 1% Up $21 Trillion. Bottom 50% Down $900 Billion. — Matt Bruenig

Summary:
The insights of this new data series are many, but for this post here I want to highlight a single eye-popping statistic. Between 1989 and 2018, the top 1 percent increased its total net worth by trillion. The bottom 50 percent actually saw its net worth decrease by 0 billion over the same period.… People's Policy ProjectTop 1% Up Trillion. Bottom 50% Down 0 Billion.Matt Bruenig

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Mike Norman considers the following as important: distribution, inequality

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