‘Eye-popping’ analysis shows top 1% gained $21 trillion in wealth since 1989 while bottom half lost $900 billion

Adding to the mountain of statistical evidence showing the severity of U.S. inequality, an analysis published Friday found that the top one percent of Americans gained $21 trillion in wealth since 1989 while the bottom 50 percent lost $900 billion.

“We have the worst inequality in this country since the 1920s.”
—Rep. Pramila Jayapal (D-Wash.) Read more…

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