Note: Distributions by generation are defined by birth year as follows: Silent and Earlier=born before 1946, Baby Boomer=born 1946-1964, Gen X=born 1965-1980, and Millennial=born 1981-1996.
The charts on this page come from Federal Reserve Research Group; this is part of the new data analysis the Fed has assembled (we discussed this previously here, here, here and here),
This theme has been all over the primaries — with the key differences between the candidates being their proposed solutions. Some have been radical, some have been iterative.
Lots of folks point out the political/online media are more radical than the Democratic party. We shall likely find out today if thats so.
More on this tomorrow
Previously:
New Inequality Data Is a Gift to Campaign Sloganeers (July 18, 2019)
Wealth Distribution in America (April 11, 2019)
Wealth Disparity Expands Further (November 13, 2019)
Flux: Wealth in the United States (February 26, 2020)
Note: Distributions by generation are defined by birth year as follows: Silent and Earlier=born before 1946, Baby Boomer=born 1946-1964, Gen X=born 1965-1980, and Millennial=born 1981-1996.
Source: Board of Governors of the Federal Reserve System
