As the ongoing occupation of Wall Street by hundreds of protesters enters its third week — and as protests spread to other cities such as Boston and Los Angeles — demonstrators have endorsed a new slogan: “We are the 99 percent.”
It may shock you exactly how wealthy this top 1 percent of Americans is:
1. The Top 1 Percent Of Americans Owns 40 Percent Of The Nation’s Wealth
2. The Top 1 Percent Of Americans Take Home 24 Percent Of National Income
3. The Top 1 Percent Of Americans Own Half Of The Country’s Stocks, Bonds, And Mutual Funds
4. The Top 1 Percent Of Americans Have Only 5 Percent Of The Nation’s Personal Debt
5. The Top 1 Percent Are Taking In More Of The Nation’s Income Than At Any Other Time Since The 1920s
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