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Mind the Gap!
Wealth Disparity in AmericaA Workshop By
NETWORK Education ProgramAdapted from work by United for a Fair Economy
www.networklobby.org/campaign/mind-the-gap
NETWORKa Catholic leader in the global
movement for justice and peace—educates, organizes and lobbies for economic and social transformation.
A Project of NETWORK Education Program with United for a Fair Economy 2
Mind the Gap!
4 basic questions:
•What is the wealth gap?•Why does the gap matter?•How did we get here?•What can we do to fix it?
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What is wealth?
Wealth is the value of everything you own, minus what you owe. You own your income plus your assets, and you owe your debt. All together that equals your wealth.
(Income + Assets) – Debt = Wealth
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Where is the United States’ Wealth?
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Ownership of Household Wealth in the U.S. in 2009
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The total net worth of
the top 1% =$21.9
Trillion
The total net worth of
the bottom 90% = $18.4
Trillion
The total net worth of
the top 1% =$21.9
Trillion
The total net worth of
the bottom 90% = $18.4
Trillion
Household Median Net Worth (Wealth) by Race,
2009
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Why does this matter?
www.networklobby.org/nep/blog/video-3-why-you-should-mind-gap
www.youtube.com/watch?v=m1vO8rXkaRE&feature=player_embedded
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How Did We Get Here?
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Real Family Income Growth by Quintile & for Top 5% & 1%, 1979-
2009
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Real Family Income Growth by Quintile & for Top 5%, 1947-
1979
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1947-1979 vs. 1979-2009
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Rule Changes Since the 1970s
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The Minimum Wage & the Living Wage, 1968-2009
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68
14
The Wheel of Misfortune
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The Wheel of Shared Prosperity
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Mind the Gap!•Learn More!– Fact Sheets– Videos– Quizzes
•Be Heard!– Sign the petition to the White House– Advocate with NETWORK to close the gap (get
weekly Legislative Updates)– Spread the word; host your own discussion in a
classroom, at a church, or in your living room
www.networklobby.org/campaign/mind-the-gap
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THANK YOU for Minding the Gap!
Please email other suggestions, requests, or questions to
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