[lbo-talk] numbers on income inequality in US

Eugene Coyle e.coyle at me.com
Sun Dec 6 13:18:36 PST 2015


http://www.theguardian.com/commentisfree/2015/dec/05/income-inequality-policy-capitalism

Essay by Steven W. Thasher

snippets:


> A new report from the Institute for Policy Studies issued this week analyzed the Forbes list of the 400 richest Americans and found that “the wealthiest 100 households now own about as much wealth as the entire African American population in the United States”. That means that 100 families – most of whom are white – have as much wealth as the 41,000,000 black folks walking around the country (and the million or so locked up) combined.
>
> Similarly, the report also stated that “the wealthiest 186 members of the Forbes 400 own as much wealth as the entire Latino population” of the nation. Here again, the breakdown in actual humans is broke down: 186 overwhelmingly white folks have more money than that an astounding 55,000,000 Latino people.



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