> The 0.004% richest Americans hold the majority of US wealth
That is massively false. It’s closer to 5%. Still really bad IMO but 0.004% is a ludicrous thing to claim
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...
That is massively false. It’s closer to 5%. Still really bad IMO but 0.004% is a ludicrous thing to claim
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...
The top 1% is ~35% or so and this fraction is rising.
If you think there is a wealth inequality problem, I would encourage you to call out bad information, because it is the simplest way for opponents to discredit your position.
(Clearly this is what I am doing…)