It was recently reported that Americans greatly underestimate the degree of inequality in our country. If we were given proper media coverage of the endless takeaway of our country's wealth by the super-rich, we would be infuriated. And we would take it personally.
Each of nine individuals (Gates, Buffett, two Kochs, four Waltons, Zuckerberg) made on average so much from their investments since January 2013 that a median American worker would need a quarter of a million years to catch up. For the most part it was passive income, new wealth derived from the continuing productivity of America's workers.
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