June 4, 2019

Washington Post: Why the U.S. Economy Is Worse than It Seems

media mention

Even more remarkably, the top 1 percent of households now hold 31 percent of the nation’s wealth (assets minus liabilities), or $30 trillion, while the entire bottom half of the nation’s households hold only about 1 percent, or $1 trillion. That comes to $23 million per household for the top 1 percent and $18,000 in net worth per household for the bottom half.