[TaylorAlexander]

One interesting factoid I know is that 50% of Americans represent 2% of the income in America.

“The shrinking middle class” is a phrase that is part of common discourse here for a reason - I wouldn’t be surprised if 80% of Americans fit the parent comment’s definition.

[orangecat]

One interesting factoid I know is that 50% of Americans represent 2% of the income in America.

More like 15%: https://www.statista.com/statistics/203247/shares-of-househo...

[metaphor]

> One interesting factoid I know is that 50% of Americans represent 2% of the income in America.

Reference?

This recent study[1] suggests the bottom 50% income represents 12.5% pre-tax, 19.3% post-tax based on 2014 data.

[1] http://gabriel-zucman.eu/files/PSZ2018QJE.pdf see p. 39, Table I

[tomjakubowski]

That’s probably 2% of the wealth, not income. I believe that the bottom 80% of Americans together have something like 7 or 8% of US wealth.

[Feniks]

I would like to remind everyone that the trillions of US debt is financed by a global elite who LITERALLY own America.