alt Hacker NewsWhen I graduated HS in 1982, the top 1% had 34.7% percent of the wealth. Today, the top 1% has 71.1%. So yeah, I'd say he's spot on. There have been a few dips and valleys, but the trend line is pretty strong.
When I graduated HS in 1982, the top 1% had 34.7% percent of the wealth. Today, the top 1% has 71.1%. So yeah, I'd say he's spot on. There have been a few dips and valleys, but the trend line is pretty strong.
That is not what that chart shows. It shows top 1% was 25% in 1982 and 35-37% now. Mostly related to the Great Recession.