For more information and sources, see my blog post:...

For more information and sources, see my blog post: https://www.righto.com/2024/10/wealth-distribution-in-united-states.html

Like 9 October at 15:41 | Open on oldbytes.space

7 comments

bitsavers.org

@kenshirriff

so going back to your 2013 post, median income was 100K and no one was richer than 70b

today median income is 190K and TWELVE people are over 100 BILLION

something is VERY VERY wrong

9 October at 16:00 | Open on oldbytes.space

fabos 🏳️‍🌈

Thanks @kenshirriff, this is a very interesting blog post to read!

9 October at 16:03 | Open on chaos.social

slash

@kenshirriff Came here to post this link. I'll just boost instead.

9 October at 18:04 | Open on mastodon.social

@kenshirriff might be good to also show a graph with log scale

9 October at 20:50 | Open on mastodon.sdf.org

Simplicator

@kenshirriff I’m looking for data to make another histogram: Wealth of Americans by percentile. Any recs on source data for this?

Think I’ll have to make it 10,000 columns (~34K people per bucket) to balance betw properly capturing that top bucket & having too many buckets to visualize.

10 October at 1:42 | Open on federate.social

Ken Shirriff

@Simplicator The Survey of Consumer Finances probably has the net worth data you want, but I can't figure out how to get it on their website: https://www.federalreserve.gov/econres/scfindex.htm

10 October at 16:12 | Open on oldbytes.space

Rich Stein (he/him)

@kenshirriff
Now add trends over time, incl. projections: "Top tech billionaires are on track to become the first trillionaires" https://www.euronews.com/next/2024/10/10/the-top-tech-billionaires-are-on-track-to-become-the-first-trillionaires-who-will-get-ther v @euronews (Easy to project income for the other 3xx billion +/- assorted riffraff.)

10 October at 6:12 | Open on mastodon.social

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