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- Claim Text
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According to a 2005 paper by economists Joshua Rosenbloom of Iowa State and Gregory Stutes of Minnesota State University Moorhead, the top one percent’s share of the nation’s wealth grew from about 28 percent in 1870 to about 40 percent in 1916.
- Simplified Text
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Top 1 percent's wealth share grew from 28 percent in 1870 to 40 percent in 1916.
- Confidence Score
- 1.000
- Claim Maker
- Joshua Rosenbloom and Gregory Stutes
- Context Type
- News Article
- Context Details
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{ "year": 1916, "people": [ "Joshua Rosenbloom", "Gregory Stutes" ], "source": "paper", "statistic": "40 percent", "organization": "Minnesota State University Moorhead" } - UUID
- 9fdb423f-0a11-4c17-9e4e-459208a89077
- Vector Index
- ✗ No vector
- Created
- September 12, 2025 at 1:29 AM (2 days ago)
- Last Updated
- September 12, 2025 at 1:29 AM (2 days ago)
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2 days ago
https://newrepublic.com/article/196176/trump-billionaires-america-wealth-inequality
This analysis examines the shift in American wealth inequality from the Great Compression to the Great Divergence, highlighting the role of policy changes and corporate influence.
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