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Forum Post: Top 10% now controls 70% of the entire nation's wealth. Bottom 50% controls 2% of the entire nation's wealth.

Posted 13 years ago on Oct. 10, 2011, 6:49 p.m. EST by rmmo (262)
This content is user submitted and not an official statement

Now that is wealth redistribution. Executive salaries have ballooned 256% since 1980 while workers salaries stagnated. Corporations replaced wages for workers with easy credit and loans. The middle class has become a debtor class. The wealthy and big business control Washington since they are now able to spend unlimited funds in elections thanks to the Supreme Court's Citizen United decision.

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[-] 1 points by MiMi1026 (937) from Springfield, VA 13 years ago

Serdom 2001 created by reagonomics 1980.