by [embedded content] When it comes to the division of wealth, many Americans believe that the country is split between the 1%, which possesses a significant share of the country’s money, and the 99%, or “the people.” In reality, The Atlantic writer Matthew Stewart argues, 9.9% of the population comprises America’s new aristocracy, which often “takes wealth out of productive activities and invests it in walls.” But this group of people is rich in more than mere money, and its constancy poses an insidious threat to the promise of American democracy. The 9,9% are doing well - they are the doctors, lawyers, and managers, etc - but they don't feel are that they are because the 0.1% are fast pulling away from them and this raises the prices of high class goods and property.. The bottom 90% are
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
When it comes to the division of wealth, many Americans believe that the country is split between the 1%, which possesses a significant share of the country’s money, and the 99%, or “the people.” In reality, The Atlantic writer Matthew Stewart argues, 9.9% of the population comprises America’s new aristocracy, which often “takes wealth out of productive activities and invests it in walls.” But this group of people is rich in more than mere money, and its constancy poses an insidious threat to the promise of American democracy.
The 9,9% are doing well - they are the doctors, lawyers, and managers, etc - but they don't feel are that they are because the 0.1% are fast pulling away from them and this raises the prices of high class goods and property.. The bottom 90% are becoming increasingly poor and the middle class is disappearing.
It's funny how people keep voting for the parties of the 1%? KV