From the American New Project. Shows how skewed our society has become. Increasingly it appears that the US is simply designed for the very top people in wealth. It is their country and most other people are just allowed to work for them, but have no say and are essentially irrelevant. This goes a long way to explaining why education and media are so corporate controlled. Its important that these types of economic differences be papered over with statements like:
- “We need to give tax cuts to the wealthy, because they create the jobs”
- “Excellent executive leadership requires excellent compensation”
- “We need to allow manufacturing to move overseas to become more competitive”
- “We don’t want socialism in America”
- “The real problem is crime in the streets and welfare queens”
Income Concentration
Wealth Concentration
The top 14,000 families have 22% of the nation’s wealth.
The bottom 133 million families have 4% of the nation’s wealth
This demonstrates the real makeup of the US economy. The ultra-wealthy call the shots, it is really their country. Everyone else is basically just “renting” the country. Somehow those that are peons are encouraged to be very patriotic, vote “conservative” – that is vote in a way that further enriches the Trumps of the country and beat down any progressive movement that might make the country a fairer place.
References
http://americannewsproject.com/videos/super-rich-tax-cheats
