The Wealth Gap in America
Will you ever get rich?
It used to be an easy question to answer if you were headed to Wall Street.
Not so much today...
Yet another look at America's growing wealth gap doesn't instill confidence.
In fact, if you stop to actually read the article you may wind up looking in the mirror and asking yourself some difficult questions with regards to your goals, aspirations and ambitions.
Proceed... with caution.
Very disturbingly the poorest 90 % of Americans make an average of $31,244 a year. While the richest 1% make a hardly inspiring $1.1 million plus.
Two Very Disturbing Extrapolations
1) $31,244 is a very humble amount of money. It is a very humble amount of money if you are a single person in their 20's living in a studio apartment in a not-so-terrific urban neighborhood. Taking into account this must read Zero Hedge article, (assist to VTech Forever on that one) we can safely say that the majority of today's middle class...really is poor. For an average of ~$30K to apply to 90% of the population (i.e. ~270,000,000 people) there has to be an anchor of dead weight pulling down the honest hardworking sub-six figure crowd subsidizing them.
But who cares...we are the elite,right?
Let us examine...
2) $1.1 million dollars is a nice chunk of change. Let's be clear. A mil definitely does not buy you what it once did. But it's still a nice number...
However...
If the top %1 of Americans (i.e. 3,000,000) make a mil...how discrepant is that figure, really?
Considering how many F50-1000 bosses make a lot more, considering the billionaires and media megastars involved...how many people are actually making that much?
Isn't it highly likely that the "typical Wall Street stiff making $400K/year" is the caboose pulling down this party wagon?
Isn't it actually becoming a reality that in the top 1%, the monkeys and the chimps are the anchor babies making the disgusting discrepancy seem more paletteable in this sort of analysis?
Tell me, monkeys...
What do these figures tell you?
Then think about it and answer honestly...
Will you ever really be rich or will you be paying someone else's free lunch so the real %1 do not have to?






Comments
Do as I say, not as I
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I only think it is a risk
freroht wrote: I only think
monkeysama wrote: Inequitable
monkeysama wrote: I never
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monkeysama wrote: What I said
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monkeysama wrote: freroht
YOU JUST GOT TROLLED
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The USA succeeds because we
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UFOinsider wrote: monkeysama
So you're just gonna wallow
monkeysama wrote: UFOinsider
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txjustin wrote: So you're
rebelcross wrote: txjustin
monkeysama wrote: I really
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econ wrote: monkeysama
IlliniProgrammer wrote: Do
I don't know your background
Farmers live on loans. I
txjustin wrote: Farmers live
rebelcross wrote: txjustin
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monkeysama wrote: econ
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econ wrote: monkeysama
YOU JUST GOT TROLLED
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UFOinsider wrote: rebelcross
econ wrote: monkeysama
monkeysama wrote: UFOinsider
The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee
WSO is not your personal search function.
GoodBread wrote: 1 child, 2
econ wrote: monkeysama
prinmemo wrote: For the
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prinmemo wrote: econ
econ wrote: prinmemo
And who are these
txjustin wrote: And who are
Let me fill you in on a well
txjustin wrote: Let me fill
Jesus man. I don't wanna
txjustin wrote: Jesus man. I
You know, I felt sorry for
Good.
monkeysama wrote: econ
prinmemo wrote: It's negative
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econ wrote: prinmemo
econ wrote: prinmemo
monkeysama wrote: econ
prinmemo wrote: monkeysama
monkeysama wrote:
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econ wrote: monkeysama
That's a lot of argument
Who is tag teaming Econ? He
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