According to a report highlighted on Alternet, each year since the recession, America’s richest 1% have made more than the cost of all U.S. social programs.
The numbers are nearly unfathomable. Depending on the estimate, the 1% took in anywhere from $2.3 trillion to $5.7 trillion per year.
Even the smaller estimate is more than the combined total budgets for Social Security, Medicare, Medicaid, and the entire safety net for SNAP, WIC, Child Nutrition, Earned Income Tax Credit, Supplemental Security Income, Temporary Assistance for Needy Families, and Housing.
Read more: 5 Facts About How America Is Rigged for a Massive Wealth Transfer to the Rich | Alternet.