Add this Page to Facebook!   Submit to Twitter   Submit to Reddit   Submit to Stumble Upon   Pin It!   Fark It!   Tell A Friend  
Printer Friendly Page Save As Favorite Save As Favorite View Article Stats
1 comment

Video Showing the Huge Gap Between Super Rich and Everyone Else Goes Viral

Quicklink submitted by M. Wizard     Permalink
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; ; ; ; ; , Add Tags  (less...)

Must Read 1   Supported 1   Valuable 1   View Ratings | Rate It

Become a Fan
  (17 fans)


At www.dailyfinance.com

Wealth Inequality in America,' a six-minute video produced by a YouTube user named 'Politizane,' casts an interesting angle on the plummeting savings rate. Set to depressing piano music and packed with crystal-clear animations, it gives a powerful snapshot of the American economic landscape. Noting that 'The top 1 percent own nearly half the country's stocks, bonds, and mutual funds,' the video goes on to contrast those impressive holdings with the rest of the country. By comparison, it points out, the bottom 50 percent of earners own only 0.5 percent of those investments. It isn't hard to see why there is such a yawning gap between the richest Americans and the rest of us. Since 1976, the share of national income earned by the top one percent of workers has nearly tripled, from 9 percent to 24 percent...

Read the rest of the story HERE:

At www.dailyfinance.com


 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

"Bleacher creatures, would be desperadoes, clutchi... by Don Caldarazzo on Wednesday, Mar 6, 2013 at 2:10:52 PM