▲ 649 ▼ The rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10% (www.axios.com) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 107 comments fedilink hide all child comments
[–] Maggoty@lemmy.world 5 points 2 years ago (1 child) According to Wikipedia it's an annual income of 154k as of 2019. permalink fedilink source parent hideshow 2 child comments replies: [–] BombOmOm@lemmy.world -3 points 2 years ago* (1 child) 154k is middle class. And everyone in this thread is trying to figure out how to fuck them the hardest. permalink fedilink source parent hideshow 2 child comments replies: [–] Maggoty@lemmy.world 3 points 2 years ago* Then you don't understand the statistical definition of middle class. According to PEW the bounds in 2021 were 43,000 and 130,000. If that sounds like it's not enough to be financially secure in the modern day... All I have to say is people have been trying to tell everyone. That said, yeah of course we're not trying to eat the merely rich. However the stock market is hardly some big equalizer if it effectively only serves the top ten percent. permalink fedilink source parent
[–] BombOmOm@lemmy.world -3 points 2 years ago* (1 child) 154k is middle class. And everyone in this thread is trying to figure out how to fuck them the hardest. permalink fedilink source parent hideshow 2 child comments replies: [–] Maggoty@lemmy.world 3 points 2 years ago* Then you don't understand the statistical definition of middle class. According to PEW the bounds in 2021 were 43,000 and 130,000. If that sounds like it's not enough to be financially secure in the modern day... All I have to say is people have been trying to tell everyone. That said, yeah of course we're not trying to eat the merely rich. However the stock market is hardly some big equalizer if it effectively only serves the top ten percent. permalink fedilink source parent
[–] Maggoty@lemmy.world 3 points 2 years ago* Then you don't understand the statistical definition of middle class. According to PEW the bounds in 2021 were 43,000 and 130,000. If that sounds like it's not enough to be financially secure in the modern day... All I have to say is people have been trying to tell everyone. That said, yeah of course we're not trying to eat the merely rich. However the stock market is hardly some big equalizer if it effectively only serves the top ten percent. permalink fedilink source parent