Apparently the hosts of that video you shared don’t like graphs either because they covered the most critical part of the graph with their dumb grinning faces:
Gary has a point, there can be endless playing about with numbers, and looking at a single graph is not enough to draw a vast conclusion. How about we look at a stat from the same page that graph was pulled from?
and that stat highlights the point Gary was trying to make about looking at the wealth of the top 0.1% who are largely the ones taking wealth from everyone else, including from the rest of the top 10%. The host trying to pull a gotcha on Gary can’t even read the graph he handpicked because he said that things are better now than in 1980 before trying to correct himself by saying “they’re kind of like they were in 1980” even though actually the share of wealth for the top 10% was lower in 1980 and the share of wealth for the bottom 50% was higher.
On top of all that, the numbers end at 2020, which is right before plundering frenzy that the wealthy did thanks to all the money printing that took place during the pandemic. Here’s the page with graphs and stats for anyone interested: https://equalitytrust.org.uk/scale-economic-inequality-uk/
Apparently the hosts of that video you shared don’t like graphs either because they covered the most critical part of the graph with their dumb grinning faces:
Gary has a point, there can be endless playing about with numbers, and looking at a single graph is not enough to draw a vast conclusion. How about we look at a stat from the same page that graph was pulled from?
and that stat highlights the point Gary was trying to make about looking at the wealth of the top 0.1% who are largely the ones taking wealth from everyone else, including from the rest of the top 10%. The host trying to pull a gotcha on Gary can’t even read the graph he handpicked because he said that things are better now than in 1980 before trying to correct himself by saying “they’re kind of like they were in 1980” even though actually the share of wealth for the top 10% was lower in 1980 and the share of wealth for the bottom 50% was higher.
On top of all that, the numbers end at 2020, which is right before plundering frenzy that the wealthy did thanks to all the money printing that took place during the pandemic. Here’s the page with graphs and stats for anyone interested: https://equalitytrust.org.uk/scale-economic-inequality-uk/