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And for the group of people in between the bottom 50% and top 1%—mostly the lower- and middle-income groups in North America and Europe—income growth has been either sluggish or flat." [16] The WIR 2018 shows that, "The gap between rich and poor has increased in nearly every region in the world over the past few decades."
In terms of information, Politizane's video isn't offering anything new: Its analysis of American perceptions of wealth distribution, the line between rich and poor and the issue of America's ...
The widening gap between the nation's rich and poor is leaving the U.S. economy more vulnerable to recurring financial crises and less likely to generate enduring expansions, reports Bloomberg.
A December 2011 Gallup poll found a decline in the number of Americans who rated reducing the gap in income and wealth between the rich and the poor as extremely or very important (21 percent of Republicans, 43 percent of independents, and 72 percent of Democrats). [190] Only 45% see the gap as in need of fixing, while 52% do not.
The Great Recession has brought the disparity between the rich and the poor to the forefront of the news. The Occupy Wall Street movement and terms such as the 99% and 1%.
Quintile measures of inequality satisfy the transfer principle only in its weak form because any changes in income distribution outside the relevant quintiles are not picked up by this measures; only the distribution of income between the very rich and the very poor matters while inequality in the middle plays no role.
Global share of wealth by wealth group, Credit Suisse, 2021 Share of income of the top 1% for selected developed countries, 1975 to 2015. Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is ...
While GOBankingRates didn’t uncover any statistics on what the rich vs. poor do on social media, when you look at the LinkedIn feeds of people like Gary Vaynerchuk and Mark Cuban, who has 8 ...