I’m actually surprised there’s only 50% of millonaires in congress
plot twist: the other 50% are billionaires
I doubt it’s acurate. I find it hard to believe only 1% of the rest of the population are millionaires.
Yeah, or maybe just old, currency devaluated, isn’t now just having your own house is like half to entire step to being a millionaire?
That could be a big factor.
Statista suggests 22.7million people, or 9% are millionaires: https://www.statista.com/topics/3467/millionaires-in-the-united-states/#topicOverview
I wonder how this accounts for family wealth, as well.
It’s not a contradiction in economics, it’s a contradiction in narrative. This is how capitalism has functioned since Columbus. Take the tiniest European nation and it benefited at some point from militarism, colonization, oppression, imprisonment, cheap desperate labor, etc. that’s the system.
I knew the US was terrible but I’m shocked about the 1/15 black men in jail. Is that at any time, or 1 out of 15 black men has been in jail at some point? Either way it’s disastrous and disgusting
The at one point number is actually way higher sadly.
Just a minor flaw but half the US population is around 170 million I think. But the point still stands.
