America’s 1% Has Taken $50 Trillion From the Bottom 90% | Time

A new report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure

Every year, $2.5 trillion—that’s trillion, with a “t”—is redistributed from the bottom 90 percent of Americans to the wealthiest 1 percent. That $50 trillion used to go to working Americans. It’s instead been rerouted to the pockets of the top 1 percent. – Nick Hanauer

Source: America’s 1% Has Taken $50 Trillion From the Bottom 90% | Time

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