Meanwhile, economic inequality in the country is accelerating in frightening ways. Here are three representative facts from Nicholas Kristof's column from last Sunday's New York Times:
-- The 400 wealthiest Americans have a greater combined net worth than the bottom 150 million Americans.
-- The top 1 percent of Americans possess more wealth than the entire bottom 90 percent.
[...]
Resisting Inequality: Occupy Wall Street and Education
Michael Roth, President, Wesleyan University, HuffingtonPost -- Oct 20, 2011
This is what that kind of Income Inequality looks like ...
[Characters, not shown to scale.]
And this is what 400 people looks like ... those are the 'Job Creators' who shall not be taxed ... another. thin. dime ...
Source: University of Hawaii Professor Lilikala Kameʻeleihiwa leads approximately 400 people in a "Impeach Lingle" chant. The upside down Hawaiian flag signifies a nation in distress.
Wow, so many there -- you can hardly count them!
This Is What A Million People Looks Like!
by Steve - August 30, 2010
There are so many people there you can not even get them all in the photo, they are out of the picture. This photo is from the Obama Inauguration btw.
Earth to Michele Bachmann, that is what a million people looks like [...]
That is what a Million People looks like ...
Now multiply that by 150 times!
400 vs 150 Million. You do the Math on that Income Teeter Totter.
Here's someone who already has ... done the Math:
Bernie Sanders: The big banks rule the Fed, here's how to fix it
by Nin-Hai Tseng, writer-reporter, CNNMoney -- Oct 26, 2011
[...]
There's a lot of anger against Wall Street. What are your thoughts on the Occupy Wall Street movement?
Bernie Sanders:
I think they're doing a good job in focusing attention on the greed of Wall Street and certainly pinpointing the reality that Wall Street is directly responsible for the terrible recession that we're in right now. And while millions of workers have lost their homes and their jobs and their life savings, many of the CEOs on Wall Street are doing better than they ever have before.
So I think focusing attention on that is correct. And the other issue that they're focusing attention on, which I think is very appropriate, is income and wealth inequality in America. We now have the 400 wealthiest people owning more wealth than the bottom 150 million Americans. This gap between the very rich and everybody else is the widest that it has been since 1928.
1928 ... I remember learning about those Boom-times ... it had many of the echos that we are witnessing today. They very much had Two Americas, then too.
Good times, good times ... just for the Top 1 Percent however. Just like now ... Hmmm, I wonder how that story turned out ... way back when.
Isn't Math fun?