It’s long past time that we stand up to our racism first, stop funding israel, cut the military-industrial complex funding by at least 50%, we already spend more than the next ten countries combined, and begin to implement non-profit industries to put Americans back to work and lift them from poverty.
Wealth inequality in the United States is the unequal distribution of assets among residents of the United States. Wealth includes the values of homes, automobiles, personal valuables, businesses, savings, and investments. The net worth of U.S. households and non-profit organizations was $94.7 trillion in the first quarter of 2017, a record level both in nominal terms and purchasing power parity. If divided equally among 124 million U.S. households, this would be $760,000 per family; however, the bottom 50% of families, representing 62 million American households, average $11,000 net worth. From an international perspective, the difference in US median and mean wealth per adult is over 600%.