Related Articles
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Election 2004 How are Working Families Doing Under the Bush Administration? Print copies for distribution. STOCK |
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| People Like Them | BANKRUPTCIES
STOCK |
People Like Us |
| Ownership
society for the few The top 1 percent of stockowners hold 44.9 percent of all stocks. [State of Working America, 2004-05, EPI, Mishel, Bernstein and Allegretto, 2004] |
Most
workers opt out of stock market 48 percent of households
today have no stock market holdings whatsoever, either directly
themselves, or indirectly via pensions or 401(k) plans. Only 40
percent of Americans hold stock (in any of these forms) worth more
than $5,000. And of those households that do own stock, the
least-well-to-do 40 percent have a portfolio worth $1,800 on average.
[Matthew Miller The bottom 80 percent of stockholders own just 5.8 percent of all stocks. Enron and other rip-offs have sacked the retirement and savings investments of hundreds of thousands of Americans. [State of Working America, 2004-05, EPI, Mishel, Bernstein and Allegretto, 2004] |
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