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Credit Suisse says wealth inequality was actually falling before the financial crisis but has increased every year since 2008. The U.S. created 903 new millionaires between the 2014 and 2015 report, while median wealth has stagnated.
According to economist Edward N. Wolff at New York University, the wealthiest 1% of all Americans owned 35% of all the stock owned by U.S. households in 2010, a percentage that, due to recent market developments, is likely to have increased to as much as 38% today.
. . .
The wealthiest 10% of all Americans own 81% of all shares of stock owned by U.S. households (as of 2010). This underscores just how concentrated financial wealth is in the United States.
originally posted by: spiritualzombie
a reply to: burgerbuddy
Why do so many of the Trump supporters on ATS talk like goons?
Textbook deflection is how you are deflecting about what is on topic.
Hillary is on topic because the OP is indicating that the reason she lost is because of fake news
But what I said was BOTH the Right and the LEFT have fake news.
CNN and msnbc
originally posted by: plaindoughnut
a reply to: Gothmog
This is one of the many wrong "facts" in this discussion. See graphic.
www.politifact.com...
He was actually the 13th smallest victory in our history.
Facts mater. Use them.
How is that first amendment working out for you USA? If you don't start regulating and punishing lies you will never be anything but stupid.
originally posted by: UKTruth
originally posted by: reldra
originally posted by: UKTruth
Who cares what Maddow thinks?
The reality is that Trump is taking office on the 20th January and Maddow can deal with it or keep crying every day on air. Someone should tell her she should probably do the former.
This is not about what she thinks.
She interprets a set of poll numbers and spews out her thoughts on air (classic example of fake news)
She thinks that believing California voting included illegals is somehow detached form reality.
She thinks that because Trump fans have a lower favourability for Obama that they are detached from reality.
At the same time she decides to exclude the vast variance of non-Trump voters vs. Trump voters in terms of favourability for Trump - all she has done is show an obvious divide, not a detachment of reality.
She showcases how 39% of Trump supporters think the stock market has gone down but does not compare it to all voters. many people do not follow the stock market. I would suggest it is her who is detached from reality. In the real world many people just don't know, including Democrats.
Her 'very clear' picture of the unemployment rate is not clear at all. The rate pushed as propaganda is very different to the real health of the workforce.
Apparently she thinks it's not reality that Soros pays for protests.
Because Trump supporters don't think Trump needs to release his tax returns, they are detached from reality? I'd suggest, that given it's completely irrelevant, they are very much in reality and moving forward. Maddow thinks the 'beltway common wisdom' is reality. She actually says this... worth repeating that her 'reality' is the 'beltway common wisdom'. Enough said. That is exactly why the Democrats lost but they still don't seem to be learning.
The poll does not show what she 'thinks' at all.
Let me just add this here. It is Rachel Maddow's historical contribution to the moment history was made by a non politician or ex serviceman winning the presidency for the first time against all the odds. This is her reality and it is the moment also where she lost credibility for the rest of her life - where an MSM outlet can be so hopelessly biased and lack any self awareness (MSNBC prime time ratings dropped a massive 38% since the election as people switch of fake news)
She is welcome to this reality of hers and anyone who wants to join that reality is welcome to it too.