Denseman on the Rattis

Formerly known as the Widmann Blog

economicsenpolitics

Perceived wealth distribution

I just saw a very interesting article about the real and perceived wealth distribution in the US. The core information consists of this this graph:

Note how the poorest 40% of the American population own so little that they aren’t even visible, but most people believe they own almost 10% of the nation’s wealth.

It’s also interesting that everybody – even rich people and Republicans – believe wealth ought to be spread out much more.

I’d love to see an equivalent graph for the UK and other European countries.

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