Sunday, September 15, 2013

Study: Top 1% Vs The Bottom 99% In 2012

"...The richest 1% of Americans collected a greater share of household income last year than at any time in the last century, according to a new analysis of IRS data going back to 1913. The wealthiest Americans took a hit during the recent financial crisis, with their wealth plummeting 36% between 2007 and 2009. But since then, the net worth of the flushest among us has rebounded sharply, buoyed by rising corporate profits and stock prices. In 2012, 19.3% of all household income in the U.S. went to the top 1% of earners, their greatest share since 1928. Incomes for the top 1% rose nearly 20% last year, while incomes for the remaining 99% increased by just 1%...".* The Young Turks host Cenk Uygur breaks it down

2 comments:

  1. Don't invest in companies that overpay their executives, nor participate in exploitive business practices. Join with other workers to insist on being paid according to the value of what you contribute to the business. Stop letting someone else take the profit for what you create. Stop being exploited.

    ReplyDelete
  2. there is a difference between a crisis and manipulation what is happening on the planet is manipulation not a crisis.how to outdo the manipulation demands unity global unity make the new world opinion one. unite.

    ReplyDelete

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