Half of American households have just 1 percent of the wealth

From the “wait and let that sink in” department, a recent report from the nonpartisan Congressional Research Service shows the distribution of wealth across U.S. households has continued to become more concentrated in recent decades.

From 1989 to 2010, the share of wealth held by the top 10% of American households grew to nearly 75%. Three out of every four dollars in wealth is controlled by just 10% of American households, while the bottom half of Americans holds just 1%.

Go read the full story at the Huffington Post.

  • Leave a Reply

Your email address will not be published.

More To Read

September 15, 2022

2022 Changemakers – Remixed!

Making Change, Together!

August 19, 2022

The Child Care Emotional Roller Coaster

Decades of underfunding has left the child care sector on the brink of collapse

August 16, 2022

2022 Inflation Reduction Act: A Strong Step Toward Rebuilding our Economy but Families Need More

We applaud the swift passage of this historic legislation and will continue to advocate for investments in the care economy