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
monkeysama wrote: There's
Yeah right. My argument could
MSF Website
MACC Website
MSF Twitter
rebelcross wrote: monkeysama
OK, so we have a this country
How are the "rich" bending
MSF Website
MACC Website
MSF Twitter
monkeysama wrote: rebelcross
Rebel, give it up. Rich
MSF Website
MACC Website
MSF Twitter
ANT wrote: Rebel, give it up.
Argument: The Buffet argument
Just by the definition of
^^^Ignore this, I missed the
ANT wrote: Rebel, give it up.
rebelcross wrote: ^^^Ignore
The poor in this country live
MSF Website
MACC Website
MSF Twitter
monkeysama wrote: rebelcross
MSF Website
MACC Website
MSF Twitter
monkeysama wrote: rebelcross
ANT wrote: Taxes at a
rebelcross wrote: monkeysama
monkeysama wrote: rebelcross
1) Are we debating tax policy
MSF Website
MACC Website
MSF Twitter
rebelcross wrote: monkeysama
monkeysama wrote: Reread what
Man oh man, if the rich are
MSF Website
MACC Website
MSF Twitter
If anything, this argument
MSF Website
MACC Website
MSF Twitter
Healthcare was simply an
rebelcross wrote: monkeysama
ANT wrote: If anything, this
Oh man, inheritance. The red
MSF Website
MACC Website
MSF Twitter
ANT wrote: No way 90% of
monkeysama wrote: rebelcross
rebelcross wrote: monkeysama
90% of Americans average 30K
MSF Website
MACC Website
MSF Twitter
Rebel, Monkey things taking
MSF Website
MACC Website
MSF Twitter
monkeysama wrote: rebelcross
ANT wrote: 90% of Americans
ANT wrote: 90% of Americans
rebelcross wrote: monkeysama
Are you on drugs dude?
MSF Website
MACC Website
MSF Twitter
monkeysama wrote: rebelcross
ANT wrote: Are you on drugs
No, asking you are on drugs
MSF Website
MACC Website
MSF Twitter
^^^lol Ant, don't waste your
rebelcross wrote: monkeysama
ANT wrote: No, asking you are
monkeysama wrote: I read your
LOL Most rich people do not
MSF Website
MACC Website
MSF Twitter
ANT wrote: LOL Most rich
rebelcross wrote: monkeysama
How do they benefit. Retirees
MSF Website
MACC Website
MSF Twitter
^^^@monkeysama That's fine,