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

[jadehunter]

For much of the past decade, policymakers and analysts have decried America's incredibly low savings rate, noting that U.S. households save a fraction of the money of the rest of the world. Citing a myriad of causes -- from cheap credit to exploitative bank practices -- they've noted that the average family puts away less than 4 percent of its

Comments

[martydressler]

I watched this in my political inquiry class the other day. Almost everyone in the class thought the discrepancy was ridiculous.

...except for this one dudebro who argued the 1% had a majority of "people not born into it (wealth)" and insisted that the 1% was "constantly fluctuating because people enter into/leave it in great numbers per year."

Cue a lot of non-subtle snickering from a few people in the class.

[happythree]

Yeah, please. It's a matter of fact that most people born in the bottom fifths stay there, and most people born in the top fifth stay there. Socioeconomic mobility does not define the US in the 21st century.

[bushy_brow]

LOL!

[booksforlunch]

Totally OT, but is the animal in your icon "real" or photoshopped? It's face has really unusual proportions, and really intrigues me.

[martydressler]

It's a real animal! Himalayan foxes are the best judgeface animals out there.