Don’t fall for it.

    https://i.redd.it/lkrdp2v3q5pf1.png

    Posted by Conscious-Quarter423

    6 Comments

    1. You can find that information here. Currently the bottom half has $4 trillion in wealth. This already includes liabilities subtracted.

      [https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#quarter:142;series:Assets;demographic:networth;population:1,3,5,7,9;units:shares](https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#quarter:142;series:Assets;demographic:networth;population:1,3,5,7,9;units:shares)

      This comes out to $23,529 per capita in the bottom half. Half of that is in real estate, which for a lot of people is the home they live in so that’s not wealth they can use easily.

      This shows where each range keeps their wealth. [https://www.federalreserve.gov/releases/z1/dataviz/dfa/compare/chart/#quarter:142;series:Assets;demographic:networth;population:1,3,5,7,9;units:shares](https://www.federalreserve.gov/releases/z1/dataviz/dfa/compare/chart/#quarter:142;series:Assets;demographic:networth;population:1,3,5,7,9;units:shares)

    2. The bottom % voted for it though and continues to vote for policies that actively hurt their communities.

    3. jh937hfiu3hrhv9 on

      Divide and conquer politics. Old as the hills and a fool born every minute to perpetuate it.

    4. Some of this is math.

      I am in top 10% category and will likely end up with 1% wealth. But for 3/4 of my adult life I had negative net worth.

    5. The culture and gender war was created to distract. They know people get all emotional about trivial things.

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