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￿ Eighty-three percent of all US stocks are in the hands of 1% of the
people.
￿ Sixty-one percent of Americans “always or usually” live paycheck to
paycheck, which was up from 49% in 2008 and 43% in 2007.
￿ Sixty-six percent of the income growth between 2001 and 2007 went
to the top 1% of all Americans.
￿ Thirty-six percent of Americans say that they don't contribute any-
thing to retirement savings.
￿ A staggering 43% of Americans have less than $10,000 saved up for
retirement.
￿ Twenty-four percent of American workers say that they have post-
poned their planned retirement age in the past year.
￿ Over 1.4 million Americans filed for personal bankruptcy in 2009,
which represented a 32% increase over 2008.
￿ Only the top 5% of US households have earned enough additional
income to match the rise in housing costs since 1975.
￿ For the first time in US history, banks own a greater share of residen-
tial housing net worth in the United States
than all
individual
Americans put together.
￿ In 1950, the ratio of the average executive's paycheck to the average
worker's paycheck was about 30 to 1. Since the year 2000, that ratio
has exploded to between 300 and 500 to one.
￿ As of 2007, the bottom 80% of American households held about 7%
of the liquid financial assets.
￿ The bottom 50% of income earners in the United States now collec-
tively own less than 1% of the nation's wealth.
￿ Average Wall Street bonuses for 2009 were up 17% when compared
with 2008.
￿ In the United States, the average federal worker now earns 60%
MORE than the average worker in the private sector.
￿ The top 1% of US households own nearly twice as much of America's
corporate wealth as they did just 15 years ago.
￿ In America today, the average time needed to find a job has risen to a
record 35.2 weeks.
￿ More than 40% of Americans who actually are employed are now
working in service jobs, which are often very low paying.
￿ For the first time in US history, more than 40 million Americans are
on food stamps, and the US Department of Agriculture projected that
number would go up to 43 million Americans in 2011.
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