this post was submitted on 04 Sep 2023
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Better headline: the richest 1% of Americans have more combined wealth than the bottom 90% of Americans.
It's more like the top 0.0000009% own more than the bottom 87%. The whole 1% thing is really drastically underselling the issue of the scale of inequality.
Agreed, but the data they’re citing doesn’t show that. It does show what I commented.