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US wealth by wealth percentile group. 50% of households own 2.5% of the nation’s wealth. (lemmy.world)
submitted 1 year ago by to c/mildlyinteresting@lemmy.world
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Source: Federal Reserve

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[–] 20 points 1 year ago* (6 children)

These are federal statistics. I wouldn't trust those, especially not since Trump tries his best to skim and remove anything he doesn't like.

The reality is way worse. The 1% holds far more than the graph shows.

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  • [–] 20 points 1 year ago (5 children)

    The top 1% owns about 30% of the wealth, and the top 10% owns about 67% according to this graph. That doesn't seem too far fetched, I wouldn't assume absolutely every statistic has been manipulated quite yet.

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  • [–] 2 points 1 year ago (3 children)

    every statistic has been manipulated quite yet.

    True, but do you trust any data from the untrustworthy?

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  • [–] 6 points 1 year ago (2 children)

    I mean, kind of. It was only 3 weeks ago that trump fired the head of the BLS because of the employment numbers making him look bad, clearly he hasn't gone through all the agencies yet to make all their numbers meaningless.

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  • [–] -1 points 1 year ago (1 child)

    You don't think the chilling effect has already taken hold? Anyone who likes job security over integrity is already compromised.

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  • [–] 4 points 1 year ago

    A lot of the employees are just doing their jobs and don't really care who is in charge. If they haven't already been fired and replaced, then there's a pretty good chance they won't be.

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