Our economy is marked by a very uneven distribution of wealth and

income. For example, it is estimated that 28% of the total net wealth is held

by the richest 2% of families in the U.S. The top 10% holds 57% of the net

wealth. If homes and other real estate are excluded, the concentration of

ownership of financial wealth is even more glaring. In 1983, 54% of the total

net financial assets were held by 2% of all families, those whose annual

income is over $125,000. Eighty-six percent of these assets were held by the

The Organization for Economic Cooperation and Development

records that the U.S. has the most inequitable distribution of income of all the

industrialized nations. The middle class is also in a serious decline. The

international bankers are worried about social and economic problems in the

U.S. Since the 1970s, economic inequities have increased. A survey of 26

industrialized nations (the Luxembourg Income Study) found that the gap

between the wealthiest 10% and the poorest 10% is greater in the United

States than any other country except Russia. In 1970, the lowest quintile (5%)

had 5.5% of the national income, in 1990, that group h

of the economic heap still have the opportunity to move up.

Given that the poorest segment of the population, consists of people

about the same until 1933, when it slowly began to decline. There was a more

decline in 20 years. The Gross National Product rose 33% between1975 and

equal population groups. The aggregate income of each group is then divided

Of the major categories of household expenditures, only food and

rose only 7 percent, suggesting a decline in Black incomes. But this

by the overall aggregate income. The top 20% of households with the largest

Some topics in this essay:
Treasury Department, Census Bureau, Family Income, War II, National Product, Bar Association, Conversely Reagan, Distribution Wealth”, James Madison, Cooperation Development, income inequality, aggregate income, real income, critics income inequality, lower-income americans, critics income, average family, national income, 20 percent, treasury department, gini coefficient, gini coefficient equal, constant 1991 dollars, bottom 20 percent, middle-income lower-income americans,