2010-07-26

data of the present

•    83 percent of all U.S. stocks are in the hands of 1 percent of
the people.
•    For the first time in U.S. history, banks own a greater share
of residential housing net worth in the United States than all
individual Americans put together.
•    As of 2007, the bottom 80 percent of American households held
about 7% of the liquid financial assets.
•    The bottom 50 percent of income earners in the United States
now collectively own less than 1 percent of the nation's wealth.
•    Approximately 21 percent of all children in the United States
are living below the poverty line in 2010 - the highest rate in 20
years.
•    Despite the financial crisis, the number of millionaires in
the United States rose a whopping 16 percent to 7.8 million in 2009.
•    The top 10 percent of Americans now earn around 50 percent of
our national income.
(from the article here:
http://finance.yahoo.com/tech-ticker/the-u.s.-middle-class-is-being-wiped-out-here%27s-the-stats-to-prove-it-520657.html?tickers=%5EDJI,%5EGSPC,SPY,MCD,WMT,XRT,DIA)

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