"The richest 1% of wealth holders had 125 times the wealth of the typical household in 1962; by 2004 they had 190 times as much or $14.8 million in wealth for the upper 1% compared to just $82,000 for the household in the middle fifth of wealth."
- http://www.epi.org/economic_snapshots/entry/webfeatures_snapshots_20060823/
2. What is the difference between "wealth" and "income"?
"Wealth is the stuff that people own. The main items are your home, other real estate, any small business you own, liquid assets like savings accounts, CDs and money market funds, bonds, other securities, stocks, and the cash surrender value of any life insurance you have."
"Wealth provides another dimension of well-being. Two people who have the same income may not be as well off if one person has more wealth. "
- http://multinationalmonitor.org/mm2003/03may/may03interviewswolff.html
3. How many children live below the poverty line?
"In 2006, the poverty rate for minors in the United States was the highest in the industrialized world, with 21.9% of all minors and 30% of African American minors living below the poverty threshold."
- http://en.wikipedia.org/wiki/Poverty_in_the_United_States4. What well-fare programs are most used?
4. What percentage of people are to poor to afford food?
"Eighty-nine percent of American households were food secure throughout the entire year 2002, meaning that they had access, at all times, to enough food for an active, healthy life for all household members."
- http://en.wikipedia.org/wiki/Poverty_in_the_United_States
5. Is poverty in the U.S. decreasing or ind=creasing?
The increases in inequality are apparent when we consider the fact that the share of income going to the bottom 20% of the income distribution has fallen from 4% to 3.6% from 1967 to 2000 while the share of income going to the top 5% of the income distribution has increased from 17.5% to 21.9% over the same period."
- http://mises.org/story/1229
