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Money and Finances
Reply to "The 1% in the household income and net worth distributions in the US in 2020"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The differences between average and median net work are crazy. So many people with so little saved or even so little equity. [/quote] wealth inequality and the hollowing out of the middle class are real[/quote] As a 1%er I agree with you. Good jobs requiring skilled workers have disappeared and the stock market only really affects the top 10%. Covid's greatest job effect had been on lower wage service jobs in hotels, restaurants etc. The stimulus package really helped those people until it ended. [/quote]
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