This Lent, journey with NETWORK through the socio-economic spectrum of the United States and deepen your understanding of how wealth inequality impacts our nation. Each week, you will be invited to deepen your knowledge about and compassion for a "quintile" (20%) of the U.S. wealth spectrum. By the end, you will transcend rhetroic about the socio-economic priorities of the 99%, the 1%, or the 47%. You will have a better picture of how we are all in this together, for the common good: for the 100%.
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What's a quintile? A quintile, or 20% of our population, is a figure used to describe an income bracket (that consists of labor income, business income, capital and capital gains income, and retirement income) of individuals and families within the United States. This unit of measurement is calculated as the average amount of income in a financial household—perhaps a single earner, or two working adults with children, or a household where several people work part time. When the number of people in those financial households are added together, the total accounts for 20% of the entire U.S. population. The quintiles are: bottom 20%, second 20%, middle 20%, fourth 20%, and top 20%.