What is going on politically doesn’t really surprise me, when you realize 75% of the financial wealth in this country is held by the top 10 percent of households, with the bottom 25% divided among the remaining 90 percent.
It has been stated that we would have to go back to the Gilded Age to see this level of wealth inequality:
“The unequal distribution of wealth remained high during this period. From 1860 to 1900, the wealthiest 2% of American households owned more than a third of the nation’s wealth, while the top 10% owned roughly three fourths of it. The bottom 40% had no wealth at all. In terms of property, the wealthiest 1% owned 51%, while the bottom 44% claimed 1.1%.”
And it’s claiming more lives each year–even in the top 10 percent–should financial anchors be lost for whatever reasons.
I’m well aware that the core of these inequalities runs deep, as has been discussed, and it makes sense to try to resolve these issues, but, since this gap only seems to be increasing, imo, the sad part of the political hype being sold on both sides, is that, contrary to the promises being made, there is no quick fix, and very few people will see any meaningful changes in the outcome of their lives over the next decades–regardless of who is elected.
