Monday, December 1, 2014

WEALTH GAP - Graphic Stories of its impact.

http://www.alternet.org/economy/graphic-stories-americas-huge-wealth-gap?akid=12523.294211.4EtlP4&rd=1&src=newsletter1027906&t=17

Is there ever enough for these people - NO!
2. Just 40 Americans Own As Much Wealth As Half the United States 


 Just 70 individuals now own as much wealth as half the world. In the U.S., the richest 40 individuals own as much as half the country, and the 16,000 American households in the top .01% have accumulated an average net worth of over a  third of a billion dollars. As extreme wealth continues to grow out of control, inequality worsens for the rest of us, plaguing our country and our world, spreading like a terminal form of cancer. It should be a major news item in the mainstream media. But the well-positioned few are either oblivious to or uncaring about its effect on less fortunate people. 
The data and charts (citations  here) come from Forbes, Credit Suisse, and a recent  study by Emmanuel Saez and Gabriel Zucman:

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