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In reply to the discussion: Viral Video Shows the Extent of U.S. Wealth Inequality [View all]reformist2
(9,841 posts)11. It says the bottom 50% own less than 0.5% of all stocks. I think this is true.
I can see the next 40% - the 50-90th percentiles - owning about 25% though. And then the 90-99th percentiles might own the remaining 24.5%. So it all fits together.
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It says the bottom 50% own less than 0.5% of all stocks. I think this is true.
reformist2
Mar 2013
#11
Here it is per the Institute For Policy Studies- Bottom 50% are hoarding half of all stocks & bonds
progree
Mar 2013
#23
What planet do you live on that you think a large percentage of American workers
intheflow
Mar 2013
#16
My comment was that workers' pension funds own a significant portion of the stock market.
CHOCOLATMIMOSA
Mar 2013
#30
"employment-based retirement plans" include 401k (defined contribution) plans, right?
progree
Mar 2013
#37
Lazy SOBs need to pull themselves up by their bootstraps and earn some of that trickle down money.
progressoid
Mar 2013
#12
I'm still waiting for the trickledown to kick in... 30+ years of it... I'm sure it's gonna happen...
dorksied
Mar 2013
#26
Can't forward it enough.Thanks so much for posting again.Looked all over for it a couple of days ago
judesedit
Mar 2013
#32
It's actually mind blowing that people continue to believe the GOP's faith based economic mythology
Snake Plissken
Mar 2013
#33
Yet plenty of suckers, even around here, swear to me there is a middle class.
harmonicon
Mar 2013
#39