Quote:
Originally Posted by Pete F.
Lie #3
“Since my election, the net worth of the bottom half of wage earners has increased by 47 percent — three times faster than the increase for the top 1 percent.”
Net worth for the bottom half has gone up, but it was from such a low base that it’s pretty silly to call it a boom. People in the bottom half have essentially no wealth — just 1.6 percent of the nation’s wealth — as debts cancel out whatever assets they might have. The top 5 percent hold more than 70 percent of all net worth in the United States.
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so in other words, it was true? but you’re calling it a lie? that’s not crazy.
Posted from my iPhone/Mobile device