Exit polls: Voters like some GOP ideas, some Democratic ones; a path to fiscal compromise?

  • Article by: CONNIE CASS , Associated Press
  • Updated: November 8, 2012 - 1:45 AM
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vlombardyNov. 9, 12 9:40 AM

It's amazing that 39% of Americans think the financial system is fair to everyone. If you take wealth distribution, Americans think that the middle 3 quintiles (the middle class) own ~40% of US wealth. In actuality, they own 13% of wealth--and that's only the middle and upper middle quintiles. The bottom 2 quintiles own virtually nothing in the country (Norton and Ariely, 2010). So, the bottom 80% of the country shares 13% of the wealth. We're in very bad shape, and a lot of people don't realize it.

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