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The article honors the Holy Spirit’s request for an essay showing Wealth Disparity in America, and you ought to interpret the post in a gospel perspective. The reader should  realize charity without justice is imperfect for the Kingdom of God.

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Financial data in perspective

The graphs alert us to the U.S. economy’s unequally dramatic growth, which may hinder future economic growth, and economic, social and political stabilities.

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The wealth of the bottom 80% of the population was about 15%.

The wealth of the top 20% of the population was about 85%.

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The wealth of the top 1% of the population was about 34.6%.

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The wealth of the bottom 80% of the population was 12.8%

The wealth of the top 20% of the population was 87.2%

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The wealth of the top 1% of the population was 35.6%.

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The wealth gap widened consistently from 2007 to 2009.

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A month after launching his presidential bid, Bernie Sanders, a 73-year-old Vermont senator, appeared in Madison, WI, on July 1, 2015, before perhaps the largest presidential gathering to that point in all 2016 campaigns, and said:

“The issue of wealth and income inequality is the great moral, economic and political issue.  Something is profoundly wrong, when the top one-tenth of 1 percent owns about the same wealth as the bottom 90 percent.” (edited)

A study for the National Bureau of Economic Research, a nonpartisan organization in Cambridge, MA, using 2012 pertinent data validated Sander’s claim . . .

The top 0.1 percent and the bottom 90 percent of U.S. households own the same share of the nation’s wealth.

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