Monday, April 28, 2008

Facts for Thought


Everyone can aspire to "having it made." In the U.S.A., opportunity has always been the watchword; the motto, the credo.

The illusion, or delusion, depending on one's depth of belief (or gullibility.)

Reality, not only unregulated, but purposefully manipulated, is far less Democratic.

Economic View
The Wealth Trajectory: Rewards for the Few


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They report that one out of every 10,000 American families has income in excess of $10.7 million. These lucky duckies number less than 15,000. Put together, they could all fit into a modest-size town. (We could call it Aspen or Nantucket.)

What’s more, the superrich have been getting an increasing slice of the economic pie. In 1980, the top 0.01 percent of the population had 0.87 percent of total income. By 2006, their share had more than quadrupled to 3.89 percent, a level not seen since 1916.

[The Land of Delusion Welcomes Your Wealth!]

1 comment:

  1. I still clutch at the Google Ads in hope to get to that exclusive percentage club...

    ReplyDelete