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185

How Much Money Every American Would Have If Wealth Were Evenly Distributed In The US, According To Research (www.yourtango.com)

submitted 3 weeks ago by gandalf_der_12te@discuss.tchncs.de to c/leftism@lemmy.world

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Writing for the outlet, Andrew Lisa explained that Americans hold a combined $160.35 trillion in wealth. To the average person, that sounds like quite the payday, but someone in the top 1% probably wouldn’t see it that way. According to Lisa, “The bottom 50% of the country shares less than 3% of that enormous pie, while the most fortunate 10% gorge on nearly all of it.”

There are approximately 340.11 million people in the U.S. If they all shared that $160.35 trillion, each person would come away with $471,465. Not only is that more than the average person could even imagine, but it only compounds when you consider how it would add up for families. For example, a couple would hold a combined $942,930, and a family of four would have $1.89 million. Because, of course, in an ideal world, wealth would be distributed evenly regardless of age.

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[–] turtlesareneat@discuss.online 4 points 3 weeks ago (1 children)

No they're talking the wealth of the 1%, which is not the infrastructure of the US.

[–] barkingspiders@infosec.pub 7 points 3 weeks ago

It kind of is though, the wealthy don't keep those trillions of dollars in savings accounts, they keep it in assets, which in some cases are literally factories and warehouses and large machines and in other cases just proxies for those things. It's complicated but not untrue to frame it that way