This is absolutely not how it should be. This pie chart shows the shocking distribution of wealth in the United States in the year 2007, when the financial system began to unravel. Keep in mind: 70% of economic activity in the United States is consumer spending. 80% of the population looks relatively unable to keep up with the “market will bear” pricing curve that the top 20% dominate.
Here’s another look at real income distribution in the United States:
How can we have real democracy, when so few people are actually able to access the currency of our economy? How can we have real democracy when this vast wealth gap dominates our economic landscape, even as opaque, monied interests are allowed to spend unprecedented, unlimited sums to influence our elections?
3 responses to THIS IS NOT RIGHT (Wealth Distribution in the U.S.)
[…] the United States, at present, there is a tragic wealth divide that has, for decades, been eroding the middle class. The wealthy hold most of the wealth and take […]
[…] SOME DATA: The top 20% of the socio-economic pyramid in our country control well more than 80% of all the wealth. Just the top 1% control 40% of all financial investment assets. […]
is this not the eternal battle?