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"The top one percent owns nearly trillion of assets while the bottom half owns less than nothing." The growth of wealth inequality over the past 30 years, Bruenig found, is "eye-popping." "Between 1989 and 2018, the top one percent increased its total net worth by trillion," Bruenig wrote. "The bottom 50 percent actually saw its net worth decrease by 0 billion over the same period." Common Dreams'Eye-Popping': Analysis Shows Top 1% Gained Trillion in Wealth Since 1989 While Bottom Half Lost 0 Billion
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"The top one percent owns nearly $30 trillion of assets while the bottom half owns less than nothing.""The top one percent owns nearly trillion of assets while the bottom half owns less than nothing." The growth of wealth inequality over the past 30 years, Bruenig found, is "eye-popping." "Between 1989 and 2018, the top one percent increased its total net worth by trillion," Bruenig wrote. "The bottom 50 percent actually saw its net worth decrease by 0 billion over the same period." Common Dreams'Eye-Popping': Analysis Shows Top 1% Gained Trillion in Wealth Since 1989 While Bottom Half Lost 0 Billion
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The growth of wealth inequality over the past 30 years, Bruenig found, is "eye-popping."
"Between 1989 and 2018, the top one percent increased its total net worth by $21 trillion," Bruenig wrote. "The bottom 50 percent actually saw its net worth decrease by $900 billion over the same period."
Common Dreams