Mind the Gap! Wealth Disparity in America A Workshop By NETWORK Education Program Adapted from work by United for a Fair Economy www.networklobby.org/campaign/mind-the-gap.

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Presentation transcript:

Mind the Gap! Wealth Disparity in America A Workshop By NETWORK Education Program Adapted from work by United for a Fair Economy

NETWORK a 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 Economy2

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? A Project of NETWORK Education Program with United for a Fair Economy3

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 A Project of NETWORK Education Program with United for a Fair Economy4

Where is the United States’ Wealth? A Project of NETWORK Education Program with United for a Fair Economy5

Ownership of Household Wealth in the U.S. in 2009 A Project of NETWORK Education Program with United for a Fair Economy6 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 A Project of NETWORK Education Program with United for a Fair Economy7

Why does this matter? A Project of NETWORK Education Program with United for a Fair Economy8

How Did We Get Here? A Project of NETWORK Education Program with United for a Fair Economy9

Real Family Income Growth by Quintile & for Top 5% & 1%, A Project of NETWORK Education Program with United for a Fair Economy10

Real Family Income Growth by Quintile & for Top 5%, A Project of NETWORK Education Program with United for a Fair Economy11

vs A Project of NETWORK Education Program with United for a Fair Economy12

Rule Changes Since the 1970s A Project of NETWORK Education Program with United for a Fair Economy13

The Minimum Wage & the Living Wage, A Project of NETWORK Education Program with United for a Fair Economy 68 14

The Wheel of Misfortune A Project of NETWORK Education Program with United for a Fair Economy15

The Wheel of Shared Prosperity A Project of NETWORK Education Program with United for a Fair Economy16

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 A Project of NETWORK Education Program with United for a Fair Economy17

THANK YOU for Minding the Gap! Please other suggestions, requests, or questions to A Project of NETWORK Education Program with United for a Fair Economy18