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

Mar 05, 2013 19:54

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 ( Read more... )

economics, capitalism fuck yeah, eat the rich, wealth, wages, invisible hand of the free market

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Comments 117

wrestlingdog March 6 2013, 20:55:34 UTC
Rachel Maddow did a story last night that presented the exact same info but in a different chart.

It's absolutely mindblowing.

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georgie_georgie March 6 2013, 22:13:45 UTC
wow, this was so fascinating.

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foureyedgirl March 6 2013, 23:57:19 UTC
Fuck capitalism, tbh.

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cghardy March 7 2013, 00:01:27 UTC
Not surprised. At all.

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blackjedii March 7 2013, 00:35:20 UTC
Already knew about it.

When are people actually going to do something about it?

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kittenmommy March 7 2013, 05:15:29 UTC

What do you think we should or even could do?

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blackjedii March 9 2013, 03:23:23 UTC
Get better Congresspeople, for one.

But more to the point, I don't expect this to go away. Especially not when there is little to no incentive whatsoever for any corporation to stay in the US or use those lovely offshore accounts to protect their CEOs.

But I do think we can fix the tax code and close those loopholes. Why on earth are we giving oil companies money when they're making record profits? Why on earth are Congressional people able to vote on raises when their districts are hurting?

It's just impossible to put pressure on our government when we ourselves are broke. :/

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kittenmommy March 9 2013, 03:24:44 UTC

Get better Congresspeople, for one.

Well, I vote. There's not much else I can do!

It's just impossible to put pressure on our government when we ourselves are broke. :/

Don't think they don't know that!

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