America's wealth gap -- in 1776

Tess Vigeland: People in the whole country gathered in Philadelphia this week signing the Declaration of Independence hundreds of years ago. They present their own documents and hope to outline the future of the occupation movement.

We are confused by all the conversations about 1% and 99 around Independence Hall. If you say Thomas Jefferson's famous "everyone is born equally", how much is the United States equal in terms of income and wealth distribution?

Christie Clarke: As early as the 1770s, no one used terminology such as 1% or 99 in American colonies.

Jeffrey Williamson, a retirement economics professor at Harvard University, said that this is what they can find, if any.

Compared to today's USA, the top 1% brings about 20% of revenue. 9 percent, and 20 percent. Wow

Even if you include a slave, Williamson says the United States is actually the most equal country in the world when there is a gap between rich and poor.

It was actually an imitation of Clay Jenkinson, a historian and Jefferson. The author of a famous phrase "everyone is born equally" thought of many things about income inequality and said. In a letter to 13 colonial friends, he wrote: "Most of our population is workers, wealthy people, a few people and moderate wealth ..."

Jenkinson: If there is a big gap between the masses of the masses and the rich life, you will cause the French Revolution.

So why was income more then equal at that time? A lot of things are concerned with becoming a new country. There are plenty of land for agriculture, there are many more land for the next generation. Through the industrial revolution, we are approaching the gap between wealthy people and the poor who are prevalent today.

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Recent YouTube video broadcasting has regained the gap between wealthy people in the United States and the poor. According to the video, most people think the distribution of wealth is unfair, I think that 92% of the 5,000 Americans studied should be fair - both Republicans and Democrats. This is not new. However, it is shocking that ordinary Americans believe that there is a big difference between the wealthy and the poor and the actual situation. Graphical reality shows that the bottom 40% is almost unregistered, but 1% above is believed to be by 20% of the most Americans more than just social society I have wealth.

Wealth inequality in the United States and income inequality are the greatest concerns of the 2016 presidential election campaign, and that is exactly right. Think about CFED (a national nonprofit organization that has long focused on expanding economic opportunities for US low-income households and communities, formerly known as Enterprise Development Corporation). Looking at the average wealth of the black and white community, the gap does not shrink and the trend is heading in the wrong direction. wrong"

I listen to the income gap in the US (especially during the election year), but some analysts think that the disparity between the rich and poor in this country is more concerned than the income disparity. Let's see the gap between rich and poor and why it is an important tool to understand the American economic life. Two people, one is a 200,000 dollar house he inherited, his parents paid for the university and the annual salary was $ 45,000 so there is no debt of the student. Another person earns $ 65,000 a year, but her house is borrowed with a student debt of $ 80,000. From the perspective of income, women in our case are better than men. However, looking at both situations from the perspective of wealth, it is clear that the financial situation of women is more unstable than men, and the man's net worth is high.