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Föderation EN Mi 18.09.2024 20:55:05

Boomers OK? Proportion of wealth owned relative to other generations (millennials etc) source: New York Times

Medien: 1

Föderation EN Mi 18.09.2024 21:02:14

@infobeautiful would be interested this, but with wealth being normalized per capita.

Föderation FR Mi 18.09.2024 21:15:04

@kephalos @infobeautiful Of course, nothing else than normalized per Capita should be looked at.

Föderation FR Mi 18.09.2024 21:56:42

@PH7831 @kephalos @infobeautiful median would be better maybe?

(Although "wealth" is perhaps not a great metric in the first place. Going by that, a newly minted top tier uni grad with a student loan may have less "wealth" than some of the very poorest people on the planet, but nobody would regard them as poor)

Föderation EN Mi 18.09.2024 21:36:45

@infobeautiful
What happens when you strip out, say, the 100 wealthiest people?

Musk and Bezos alone account for more than 1% of genx wealth

Föderation EN Mi 18.09.2024 22:13:33

@infobeautiful
Well, boomers have been around longer, giving them more time to acquire wealth. Of course, there are many other factors like Reagan's effect on the movement of wealth upwards aka trickle-down/torrent-up.