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MindMover

(5,016 posts) Mon Jul 14, 2014, 03:42 PM Jul 2014

WTF ...36

""

Some income inequality is inherent to a capitalist economy, but this is far beyond anything our country has ever seen. This level of imbalance is not sustainable, and if nothing changes, everyone will pay the price.

10 replies

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WTF ...36 (Original Post) MindMover Jul 2014 OP

Excellent post. K&R Louisiana1976 Jul 2014 #1

I think it's actually 40%, but that's still too much... Blanks Jul 2014 #2

That's from 2007. redwitch Jul 2014 #3

Sure, it's an old link... Blanks Jul 2014 #5

Fair enough. redwitch Jul 2014 #6

That is what I thought til I read this and the figure is actually 95% ... MindMover Jul 2014 #7

That link has this exact statement in it... Blanks Jul 2014 #8

I am not right, the facts are right ... MindMover Jul 2014 #9

I'll rephrase: "I was wrong." eom Blanks Jul 2014 #10

Kicked and recommended a whole bunch! Enthusiast Jul 2014 #4

Louisiana1976

(3,962 posts)

1. Excellent post. K&R

Reply to MindMover (Original post)

Mon Jul 14, 2014, 04:18 PM

Jul 2014

Blanks

(4,835 posts)

2. I think it's actually 40%, but that's still too much...

Reply to MindMover (Original post)

Mon Jul 14, 2014, 04:45 PM

Jul 2014

http://thinkprogress.org/economy/2011/10/03/334156/top-five-wealthiest-one-percent/

redwitch

(14,944 posts)

3. That's from 2007.

Reply to Blanks (Reply #2)

Mon Jul 14, 2014, 06:02 PM

Jul 2014

Before the crash made everything so much worse.

Blanks

(4,835 posts)

5. Sure, it's an old link...

Reply to redwitch (Reply #3)

Mon Jul 14, 2014, 06:47 PM

Jul 2014

But I'll believe its 90% when I see a link from a reliable source.

redwitch

(14,944 posts)

6. Fair enough.

Reply to Blanks (Reply #5)

Mon Jul 14, 2014, 07:01 PM

Jul 2014

MindMover

(5,016 posts)

7. That is what I thought til I read this and the figure is actually 95% ...

Reply to Blanks (Reply #2)

Mon Jul 14, 2014, 07:35 PM

Jul 2014

http://holtz.org/Library/Social%20Science/Economics/Economic%20Inequality%20in%20the%20United%20States.htm

Blanks

(4,835 posts)

8. That link has this exact statement in it...

Reply to MindMover (Reply #7)

Mon Jul 14, 2014, 07:57 PM

Jul 2014

The top 1% of households own almost 40% of the nation's wealth.

On edit: I see that I'm comparing apples with oranges.
You're right.

MindMover

(5,016 posts)

9. I am not right, the facts are right ...

Reply to Blanks (Reply #8)

Mon Jul 14, 2014, 08:21 PM

Jul 2014

but thanks for saying I am right ...

Blanks

(4,835 posts)

10. I'll rephrase: "I was wrong." eom

Reply to MindMover (Reply #9)

Tue Jul 15, 2014, 10:25 AM

Jul 2014

Enthusiast

(50,983 posts)

4. Kicked and recommended a whole bunch!

Reply to MindMover (Original post)

Mon Jul 14, 2014, 06:24 PM

Jul 2014

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