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General Discussion

In reply to the discussion: What middle class? [View all]

angrychair

(12,496 posts)
5. I'll restate it
Thu Jan 3, 2019, 04:29 PM
Jan 2019

I was trying to use simple figures for illustration purposes.

The 3 bottom quintiles, collectively, have a negative net worth (debt is greater than assets)

90% of all stocks and bonds are held by the top 10% of population.

The top top 1% hold 42% of the nation’s wealth.

Recommendations

0 members have recommended this reply (displayed in chronological order):

What middle class? [View all] angrychair Jan 2019 OP
Is your point here to attack Warren? nolabear Jan 2019 #1
Absolutely not angrychair Jan 2019 #4
This message was self-deleted by its author In_The_Wind Jan 2019 #2
Factually incorrect SCantiGOP Jan 2019 #3
I'll restate it angrychair Jan 2019 #5
Sorry if my post sounded like an attack SCantiGOP Jan 2019 #6
No, it's fine angrychair Jan 2019 #7
Latest Discussions»General Discussion»What middle class?»Reply #5