Two in Three Americans Upset by Income, Wealth Inequality
Current distribution of economic gains leaves few satisfied in the US
Americans, seeming well aware that economic inequality is on the rise in the US and around the world, are showing an increased disdain for an economy unevenly skewed to the richest.
According to a new Gallup survey, a full 67% of respondents expressed some level of dismay at the current way wealth and income are distributed in society. The polling shows that dissatisfaction is pervasive, with nearly 75% of Democrats and 54% of Republicans expressing concern for inequality.
Broken down along partisan lines, Republicans expressed the most comfort with an economy that shows disproportionate levels of wealth, income and wages, while Independents tracked closely with Democrats who expressed strong aversion to the current economic picture.
Those identifying as Democrats and Independents were the most upset with the current disparities, with 43% placing their level of frustration at the highest end of the spectrum as "very dissatisfied."
Highlighting the rising levels of inequality across the globe, a new report by Oxfam International released on Monday showed "that just 85 of the world's richest people own the wealth of half of the world’s population."