U.S. Inequality Is More than 69 Times Higher than What Most Americans Think It SHOULD Be … and More Than 13 Times What Americans Assume It ACTUALLY Is

Americans Drastically Underestimate Inequality

We’ve pointed out for years that Americans drastically underestimate the amount of inequality in the U.S.

In a new book, Les Leopold documents how dramatically that underestimation really is:

  • Americans from the across the political spectrum – and of all education levels – believe CEOs of large U.S. companies should make somewhere between 5 and 12 times the amount of the average worker
  • Americans from the left and right – with advanced degrees or little education – assume that CEOs of large corporations actually make somewhere between 36 and 60 times the amount of the average worker
  • In reality, the CEOs actually make 829 times the amount of the average worker

In other words, the American wealth gap is more than 69 times higher than what Americans think it should be … and more than 13 times what Americans assume it actually is.

This entry was posted in Business / Economics, Politics / World News. Bookmark the permalink.
  • colinjames71

    Let’s not forget that this is a public steeped in greed-is-good propaganda, that success and social worth is measured in dollars, so that their initial general estimation of how things oughta be is ALREADY geared toward a large income inequality gap being normal if not desired, making those statistics that much more relevant.

  • diogenes

    This is really an article about how the head butler makes 829 times more than the scullery maid.

    They’re both just servants — servants of the 0.01%, the 10 thousand families among over 300 million Americans who own — overwhelmingly by inheritance for multiple generations — 13% of all of America, concentrated in controlling interests in the key central financial, industrial, corporate, mercantile and commercial institutions.

    It is remarkable and worthy of reflection how insistently journalists and academics and other mouthpieces ignore these fundamental, defining facts of wealth distribution and divert attention instead onto the comparative incomes of the servants.

    Why is that, I wonder?

  • Robert Barsocchini


  • October 14th, 2015 1% now wealthier than 99% combined; 40% of US children in poverty; 30,000 children poverty-murdered daily. Arrests of .01% are when now?

    Credit Suisse documents in Global Wealth Report 2015 that the world’s wealthiest 1% now own more assets than Earth’s 99% combined.