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First recorded activity by BoatBanter: Jul 2006
Posts: 177
Default OT - The party of the rich is...

Short Wave Sportfishing wrote:

1 - 40% of the wealth is held by less than 1% of the population.
Compared to years past when 70% of the nations wealth was held by .5%
of the population, I'd say that was an improvement.


How many years past?

Share of wealth held by the Bottom 99% and Top 1% in the
United States, 1922-1998.

Bottom 99% Top 1 %
1922 63.3% 36.7%
1929 55.8% 44.2%
1933 66.7% 33.3%
1939 63.6% 36.4%
1945 70.2% 29.8%
1949 72.9% 27.1%
1953 68.8% 31.2%
1962 68.2% 31.8%
1965 65.6% 34.4%
1969 68.9% 31.1%
1972 70.9% 29.1%
1976 80.1% 19.9%
1979 79.5% 20.5%
1981 75.2% 24.8%
1983 69.1% 30.9%
1986 68.1% 31.9%
1989 64.3% 35.7%
1992 62.8% 37.2%
1995 61.5% 38.5%
1998 61.9% 38.1%