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Response to NNN0LHI (Reply #36)

Mon Dec 26, 2011, 03:34 PM

53. so you oppose plans that benefit me

and claim you are not my enemy?

Actually I have been saving money even at $12,000 a year, but that is just me. I am, as my roommate from Calcutta said, "the man who lives on air". All I need is the air that I breathe and to love her.

Those people making $100,000 a year seem to want more too. Many of them complain that they, too, are living paycheck to paycheck.

Well, who gets most of the pie?

In 2006, the top .1% got 11.2% of the total US income.
The next .9% got 10.9% for 22.1% to the top 1%
But the next 24% got 46.1% of the pie.
The next 25% got 19.3%
Leaving only 12.5% for the bottom 50%

The bottom gets squeezed not just because of the greed of the top .1% or the top 1%. The top 4% (the top 5% sans the top 1%) are usually grabbing all they can get too. And so are the top 9%. Most of them are not working very hard to help the bottom 50%. No, they are working either to maintain their own lifestyle or, better yet, to climb another rung up the ladder.

You cannot get everything from the Waltons and the hedge funders because they don't have all of the income, not even close.

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