More conversation about the wealth gap in this country.
From the referenced article, “Michael Moore joined the demonstrators in Madison, Wisconsin on March 6, and mentioned that the 400 richest Americans have more money than all of their 155,000,000 fellow citizens at the bottom of the pyramid combined.” As much as I dislike Michael Moore personally, I have to agree with his positions on many things.
Here is another way to think about this number. The current USA population is 311,000,000 more or less. Half of that is pretty close to 155,000,000. So 400 people have as much wealth as 1/2 of the total US population. Mind boggling.
400 = 155,000,000. I started to quip, “in what universe”. I then realized it is in our universe.
This is one of most dramatic demonstrations of that concept I have seen. You have to strain hard to see the white dot that represents the rich among the sea of “commoners”. Call me a socialist, but nobody needs or should be that rich. I’m back on the one pie analogy. In order to have an over sized piece of pie you have to take some from someone else’s piece of pie. Or in this case a bunch of someones.
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What really slays me is that our politicians seem to be on a tear to make these folks richer. Call me old school, but I firmly believe that to whom that more is given, more is expected.
I believe they’ve got a plan to return America to the “guilded age” of the 1920’s.
As I’ve stated before we are in a massive redistibution of wealth. In the last few decades the middle class made modest gaines in accumalting wealth. The gap between the weahthy and the rest of us has shrunk. Well this bothered the wealthy because they were not feeling as privileged as they thought they should be. So they created the depression and housing debacle to take the wealth back from the people and now that prices are down they can buy stuff up at a cheap price then resale it back to the people that just lost it at an obscene profit margin. This is not the first time this has happened. It is standard operating procedure for the wealthy that in bad times they buy up land, housing, etc.. at low prices then resale for higher prices. The same thing happened in the Great Depresion of the 1930’s. read your history it is all there..