Archive | 2:12 pm
19 Mar

A good visual depiction of how we distribute the wealth in America.

Data Driven Viewpoints

Who Owns What In America?
Imagine lining up everyone in America according to what they own, starting with those who own nothing and continuing down the line to those who own a lot.  Now divide that line of people into five equally long segments.  Each segment would include 20% of the total population, or about 61.7 million people.  Next, add up the total amount of what everyone owns in each segment.  The result is represented by the pie chart below.  The whole pie represents the total wealth in America.  The size of each slice represent the ratio of how much each segment owns of America’s wealth.  The slice of ownership for the poor and working poor are barely visible.  80% of all Americans own just 15.6% of America’s wealth.

The number of people who slipped into poverty in 2010 is an all time high of 46.2 million, so the poorest 20%…

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