- 1970, CEOs made $25 for every $1
- 2000, CEOs made $90 for every $1
- 2004, CEOs made $500 for every $1
During Reagonomics, the richest 1% of America tripled their percentage of our nation’s total income.
“Between 2002 and 2006, it was even worse: an astounding three-quarters of all the economy’s growth was captured by the top 1%.” Bush and Cheney.
The economic top one percent of the population now owns over 70% of all financial assets, an all time record.
Since the crisis began, the wealth of the 400 richest Americans increased to more than the combined net worth of 50% of the US population.
Just to make this point clear, 400 people have more wealth than 155 million people combined.
Follow the complete report by David DeGraw:
I: Causalities of Economic Terrorism
II: The Rise of the Economic Elite
III: Exposing Our Enemy: Meet the Economic Elite
IV: The Financial Coup d’Etat
V: Overcoming the Divide and Conquer Strategy
VI: How to Fight Back and Win: Common Ground Issues That Must Be Won