83 percent of all U.S. stocks are in the hands of 1 percent of the people.

Discussion in 'Economics' started by Debaser82, Jul 15, 2010.

  1. Why not just have 10% of the people like you get off their asses and make something of their lives? Surely the increased tax revenue would go a long ways towards helping out.
     
    #21     Jul 16, 2010
  2. pitz

    pitz

    Plenty of people work 70+ hours a week and don't make over $100k/year. Most engineers, for instance. Do they get wealthy, no. So if you have mega wealth, don't think for a moment that you're more entitled to it than the engineer who worked his butt off and gets little from the economy other than to see his job outsourced or given to a foreigner.
     
    #22     Jul 20, 2010
  3. toc

    toc

    the reason 83% to 1% figure is there..........the 99% spend it all trying to 'even partially' live like the top 1%.

    Idiots making $15/hour and buying starbux coffee two times a day for $2 odd a fill, deserve to be in the 'zippo in savings account' bracket.

    Most of the folks in US do not know how to spend their hard earned buck.


    Just heard about an electrician who lost his job 12 months ago after working for same company for last 15 years and came to survive on the unemployment checks. Soon after layoff, he lost his apartment. How much do electricians make?............$50K easy...........so the moron could not save $20K for rainy day to atleast pay off his mortgage. No sympathies!
     
    #23     Jul 20, 2010