Christopher Browne

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In the United States, in 1976 the top 1 percent had 19.9 percent of the wealth. In 2010, the top 1 percent had 35.4 percent of the wealth. In 2010, the top 5 percent had 63 percent of the wealth; and the top 20 percent had 88.9 percent of the wealth. That left the bottom 80 percent with 11.1 percent of the wealth. That is what the exponential growth of reinvestment wealth leads to.
The All New Don't Think of an Elephant!: Know Your Values and Frame the Debate
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