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How bad does income inequality have to get before it’s wrong? The top 10% control 70% of the wealth?
ByAt what point would you stand up and do something about it? When the top 1% controls 90% of the wealth and you make 3 dollars an hour? The income inequality has been growing for decades. How bad does it have to get and what will you do?
Anyone who claims to EARN $480 an hour ($1 million/year) is full of crap.
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14 Comments
May 31st, 2010 at 5:16 am
The top 5% ALSO pay 90% of the taxes. WE LIVE IN A FREE COUNTRY, Why do you want to change that. Because you have no money?
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May 31st, 2010 at 5:24 am
I’m hoping that eventually I control all off the wealth.
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May 31st, 2010 at 5:46 am
What you obviously dont understand is this:
The rich hire everyone.
The middle class hire few.
The poor hire NONE.
Wake up, teenager.
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May 31st, 2010 at 6:30 am
Income inequality is a good thing. It gives the poor something to aspire to
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May 31st, 2010 at 6:50 am
maybe the the top 10% work harder…
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May 31st, 2010 at 7:25 am
They control it because they EARNED it. Whats wrong with that?
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May 31st, 2010 at 7:40 am
It’s worse than that now isn’t it?
They do not work harder. That’s a myth. You’re telling me Paris Hilton works harder than a neurosurgeon? BS BS BS BS BS BS BS BS.
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May 31st, 2010 at 7:56 am
I love it when people on here and else where say they "earned it". Is that why for years the top ten richest people in the U.S. consisted of members of the Walton/Walmart family. Anyone here want to explain to me how they "earned it"………..
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May 31st, 2010 at 8:38 am
i say lets empty their accounts and throw it into the streets.
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May 31st, 2010 at 8:59 am
Anyone who claims to EARN $480 an hour ($1 million/year) is full of crap.
.
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May 31st, 2010 at 9:26 am
Have you heard about Pareto’s principle?
He was an economist born in the 1850s and he was studying Italy when he realized that 80% of the income goes to 20% of the population. He thought this was weird so he looked at other countries – and found the same exact phenomenon.
http://en.wikipedia.org/wiki/Pareto_principle
And this 80-20 relationship doesn’t stop there. It has been observed by computer programmers studying resource usage; it has been observed by farmers looking at which plants produce the most product; and it probably even holds true in your own clothes drawer – there’s a good chance you wear your favorite 20% of clothes about 80% of the time.
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May 31st, 2010 at 9:59 am
This is a ver socialist- oriented question. Hard work and determination will lead to great riches. This hard work and determination is why Americans work harder than any other country.
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May 31st, 2010 at 10:21 am
First of all if you only make 3 dollars an hour you have no skills that are good for anyone. Secondly I’ve never gotten paid by a poor guy. Go back to school. Bill gates who made it possible for you to be on this format is the richest so do you want to give up your only ability to complain. Sell your computer because at 3 dollars an hour you cant afford it. Lebron James makes $20,000.00 per hour IS HE WORTH IT?
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Go back to school since this is the way its been since the dawn of time not just the past few decades.
May 31st, 2010 at 10:42 am
vote ron paul – he will open up opportunites that have been closed by corporate interests so it is no longer impossible to get up the ladder -they have closed every loophole for niche businesses while claiming it is in the best interest of the american citizen – At least ron paul will open some doors the others will just keep closing them – I am not looking for a handout but I am looking for the opportunity to live the american dream .
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