From @ava@piefed.blahaj.zone source, the 10%/90% ratio went from 1.55 in 1989 to 2.14 in 2025.
Consistent with their criticism of choosing the top 10% vs the top 1-or-fewer %, the 1%/99% ratio went from 30% to 46%. The 1%/90% ratio went from 58% to 99, and the (10-1)%/90% from 97% to 114%.
ed: Initially did this without noticing that the default view of the Fed data only showed 2010-2025. Over that range, the (10-1)% have actually lost wealth to the 1%. Over the 1989-2025 window, the (10-1)% have gained, but not nearly the pace of the 1%
How is this figure over time?
From @ava@piefed.blahaj.zone source, the 10%/90% ratio went from 1.55 in 1989 to 2.14 in 2025.
Consistent with their criticism of choosing the top 10% vs the top 1-or-fewer %, the 1%/99% ratio went from 30% to 46%. The 1%/90% ratio went from 58% to 99, and the (10-1)%/90% from 97% to 114%.
ed: Initially did this without noticing that the default view of the Fed data only showed 2010-2025. Over that range, the (10-1)% have actually lost wealth to the 1%. Over the 1989-2025 window, the (10-1)% have gained, but not nearly the pace of the 1%
Thank you
The article links the source data from the FED, which has data since 1989
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#quarter:144;series:Net worth;demographic:networth;population:1,3,5,7,9;units:levels