they print money everyday, and it’s up to ME, to get as much as i need/want of it.
never been a rich man’s wealth able to stop be yet...
then again, they aren’t trying to, so i am confusion
Maybe the bottom 50% should stop voting Democrat (not that the top 1% doesn’t)
Meaningless.
Sounds like a normal stratification of wealth in a society. It doesn’t sound like a problem.
The “wealthy people” always have, and always will
control everything.
Since the beginning of time.
Pharaohs, kings, and emperors...
Do you think Warren Buffet or Bill Gates care about
the cost of gasoline or chicken?
How is the current money breakdown any different from England prior to the colonies?
The goal fo tptb is to shrink the middle class and have everyone drop 1-2 levels, while the elite striving to remain in the top 1%.
These days most of the rich did not get rich from doing something to truly earn it. A good lot of them just figured out how to manipulate other peoples money.
They get us fighting a culture war so we won’t fight a class war
This is one way to look at things.
But, there is another way which I think is much more fair. What is the total wealth of a rich family and what is the total wealth of a poor family?
Since the total wealth of the country grows faster than population, the poor are gaining absolute wealth even if they are not gaining relative to the rich.
Compare out bottom 5-25% with the bottom 5-25% in Africa, Asia, South America, or even Europe. Where would you rather be?
There are lots of poor people voting with their feet at our southern border to join the US. It is far better to be poor here than anywhere else.
In a socialist economy, how much does the bottom 99% own?
A lot of that wealth is just valuation. It’s theoretical wealth. It doesn’t actually exist.
The middle class is shrinking.
Has anyone in the history of the universe who states this as an unquestionable Truth ever stated what their definition of the middle class is including income range at the beginning and end of the period and number of people in that range?
Rd later.
Instead of concentrating on the top and bottom percentiles, I look at the middle two. Those two who are the 50 to 99th percentiles which hold 65% of the total wealth together.
And then I’d look at a comparison of which of the 4 groups pays what percentages of total collected taxes.
The lower 50% contribute nearly nothing to society. They are rarely producers.
All the democrat billionaires should give back all their wealth to the indigenous peoples.
The share of reported income earned by the top 1 percent of taxpayers rose to 21 percent, from 19.7 percent in 2016. Their share of federal individual income taxes rose to 38.5 percent, from to 37.3 percent in 2016.
The percentage of wealth is a completely useless metric.
Show me the exact, inflation adjusted, median dollar wealth for each percentage point of USA population.
Compare that to the median wealth every five years going back to 1950.
How is government wealth calculated and apportioned?
How are endowments apportioned?
What is the stand alone value of a great University and how is that apportioned?
Way too many unknowns.
Then the useful idiots are surprised when they find out that now the 1% now own 100% of the wealth and they now own nothing.