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Wealth Inequality in America

Presenter:

Politizane

Time:

6:25

Summary

Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is.

Transcript

There's a chart I saw recently that I can't get out of my head. A Harvard business professor and economist asked more than 5,000 Americans how they thought wealth was distributed in the United States. This is what they said. They thought it was dividing the country into five rough groups of the top, bottom, and middle three 20% groups.


They asked people how they thought the wealth in this country was divided. Then he asked them what they thought was the ideal distribution and 92. That's at least nine out of 10 of them said it should be more like this. In other words, more equitable than they think it is. Now, that fact is telling, admittedly, the notion that most Americans know that the system is already skewed unfairly.

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