Mind the Wealth Gap, it Could be Fatal to our Democracy
There’s no debate. In the United States, income and wealth inequality have skyrocketed in the past 40 years, with wealth becoming concentrated in ever fewer hands. Here are some telling statistics: In 1989, the top 10 percent of families in the U.S. controlled 67 percent of the wealth. The bottom 50 percent of families controlled 3 percent of the wealth,
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