Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actua...
tl;dw : The video discusses wealth inequality in America, and the stark difference in wealth between those at the top and those at the bottom. It points out that, in 1976, the top 1% of Americans took home only 9% of the national income, while the bottom 50% only owned half of that. Thirty years later, the top 1% owns nearly a quarter of the national income, while the bottom 50% owns only half of that. The video also suggests that many of the wealthy people have worked hard for their money, but that the average worker needs to work more than a month to earn what the CEO makes in one hour.
tl;dw : The video discusses wealth inequality in America, and the stark difference in wealth between those at the top and those at the bottom. It points out that, in 1976, the top 1% of Americans took home only 9% of the national income, while the bottom 50% only owned half of that. Thirty years later, the top 1% owns nearly a quarter of the national income, while the bottom 50% owns only half of that. The video also suggests that many of the wealthy people have worked hard for their money, but that the average worker needs to work more than a month to earn what the CEO makes in one hour.
https://www.summarize.tech/www.youtube.com/watch?t=6s&v=QPKKQnijnsM