What's wrong with that? Free men are not equal and equal men are not free.
FYI
"A guy looked at my Porsche the other day and said, "I wonder how many people could have been fed for the money that sports car cost."I replied, "I am not sure, but it fed a lot of families in Bowling Green, Kentucky who built it, it fed the people who make the tires, it fed the people who made the components that went into it, it fed the people in the copper mine who mined the copper for the wires, it fed people in Decatur IL, at Caterpillar who make the trucks that haul the copper ore. It fed the trucking people who hauled it from the plant to the dealer and fed the people working at the dealership and their families. BUT,… I have to admit, I guess I really don’t know how many people it fed."
That is the difference between capitalism and welfare mentality.
When you buy something, you put money in people’s pockets, and give them dignity for their skills.
When you give someone something for nothing, you rob them of their dignity and self worth. Capitalism is freely giving your money in exchange for something of value. Socialism is taking your money against your will and shoving something down your throat that you never asked for.
(from the Martin Armstrong Blog this morning...)
Inequality is the natural state of things.
Total wealth of the USA ($84.9T) divided by population (313.9M) equals about a quarter-million dollars per person.
Total annual income (GDP@PPP) of the USA ($17T) divided by population equals about $54,000/yr per person.
Not sure how that should be interpreted.
“Wealth” then correlates to about 5 years’ income.
Minimum wage works out to $14,700/yr.
Poverty line is $11,880/yr per individual (less if within family).
World median individual income is $2,920/yr.
The article also likely conveniently overlooks the fact that the USA is a collection of 50 states roughly equivalent in size to the others on the list. Might be more telling to do the ranking by US states, rather than by US as a whole.
No need to read past the third sentence. Another George Soros funded effort to destroy America.
I guess they didn’t include socialist countries
Even I have a hard time grasping and liking the laws of subjective value. It is sad, that boobs who lose money for corporations get paid tens or hundreds of millions of dollars. Or that some idiot actor or baseball player gets paid multiples of a doctor who saves lives. But that’s life.
In my life time I have seen 4 Billion stories decrying to haves and havenots in EVIL capitalist dog America.
Not once have a seen an article mentioning that 3% of the population commit over 50% of the murders. Not once!
“The United States is one of the richest countries in the world.....”
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WRONG! The U.S. is dead broke but NO ONE wants to admit it!