The statistic that made the biggest impression on me was that the top 1% own between 40 and 50% of the total wealth in the United States. I found that surprising because such a small percentage of people can own that much of the country’s wealth.

2. One implication of having such a large wealth gap is that people with more money have more opportunities and resources than people with less money. I see this in everyday life when some people can easily afford things like housing, education, or unexpected expenses, while other people have to struggle or go into debt to afford the same things. 

One thought on “5.3”

  1. Hi Dante. I am right there with you. The fact that the top 1% own over 40% of all the wealth in the United States is remarkable. Not only does this mean they have more opportunities, but they have more leverage as well. Not only do they get to live in comfort and security, they get to use that money to make even more money and grow their percentage of the pie we share.

Leave a Reply