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Tony Wilson
ABC News In-depth
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Comments by "Tony Wilson" (@tonywilson4713) on "How Florida's "War on Woke" Could Provide a Glimpse Into America's Future | Foreign Correspondent" video.
I'm Australian but went to college in America and you have summed it up perfectly. Just as Australia had a recent report that said how the top 10% had done brilliantly over the past 25+ years while the rest of us struggle the Americans had a similar report last September EXCEPT its EVEN WORSE. The American report was done by the Congressional Budget Office, which means its beyond question. If you want I explain the data but in nutshell the Top 10% of America have not only recovered from the GFC, but are now over $30 Trillion better off than they were in 2007. The Middle 40% are finally better off but it took a while and they aren't that far ahead of their 2007 position. The Bottom 50% who lost almost 1/2 their wealth in the GFC, not only haven't recovered but are still a long way behind their 2007 position. That's 165 Million Americans are still behind where they were 15 years ago and another 132 million are barely above water while about 33 million who got bailed out after the GFC they created are booming.
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