RICH-POOR GAP IN THE INCREASE in America "classless"
OF JACK A. SMITH Global Research
10% of the population controls 96% of the wealth
In America classless, talking about the so-called "gap" (difference, ndt) growing between rich and poor is an understatement, because there is an accelerated class struggle against American workers and the poor at the hands of a minority that owns or has access to a lot of power and wealth.
The "Census Bureau (U.S. Bureau of Census, ndt) reported Sept. 24 that the income gap between rich and poor Americans in 2009 was the largest ever reached since the data are available. A subsequent
Census Bureau report revealed that two weeks before the largest increase in "year-to-year (from year to year, ndt) of poverty in America was in 2009, although 43.6 million poor people are to be considered a serious underestimate, based on metrics obsolete. Young employees and children are falling rapidly at the foot of the mound. Last year, the largest jump in poverty was made by adults "less qualified" between 18 and 24 years of age, 20% of our children live in poverty.
On 28 September, the Associated Press reported that "20% of Americans who earn more - those whose income exceeds the $ 100,000 per year - received 49.4% of the total income produced in the United States, compared to 3.4% received by those below poverty line, according to the most recent Census Bureau. This ratio is 14.5 to 1 up from 13.6 in 2008 and almost double the minimum of 7.69 in 1968. "
" Another measure, the Gini index International, showed the Income inequality in America (also in 2009, NDT) at its highest level since the Census Bureau began to follow the household income in 1967. In addition, the United States has the greatest disparity between the industrialized nations of the OECD members (Organization for Economic Cooperation and Development, ndt). "
Here are some recent statements and statistics that show how deep the chasm between the upper class and the rest of American society, from the poorest of the poor class working and middle class.
(Note in the following paragraphs, the difference between "income", that is what you earn in a year, and "wealth", ie more income assets - assets for which means everything you have, from the house, car and furniture to real estate, savings, stocks and bonds, luxury yachts, jewels ...)
According to the Wall Street Journal, a 2008 study on wealth in the U.S. indicates that 0.01% of wealthiest people (one-hundredth of one percent, or 14,000 American families) owns 22.2% of the country's wealth . The poorest 90%, or over 133 million households, controls only 4%. The remaining 9.99% of the rich living with the remaining 73.8% of wealth.
David DeGraw wrote that "a recent study by Capgemini and Merrill Lynch Wealth Management shows that a mere 1% of Americans are accumulating U.S. $ 13 trillion in" investable wealth "[...] and that not even take into account all the money they have hidden in offshore accounts. "
A recent report by Ray B. Williams states that "The U.S. Census Bureau and the 'World Wealth Report 2010' (World Wealth Report 2010, all of Capgemini and Merrill Lynch Wealth Management, ndt) show both increases to 5% of the richest families, even during the current slowdown. On the basis of data from the 'Internal Revenue Service' (Internal Revenue Service or U.S. Treasury, ndt), the wealthiest 1% has tripled its share of the income pie in the U.S. in a single generation. In 1980, the same 1% of income each took $ 1 $ 15, while it takes 3 hours. [...] The inequality of income has continued to grow since the late 1970s and now stands at a level never seen by the 'Gilded Age' (1870-1900) (Belle Epoque American NDT), American historical period characterized by the contrast between the excesses of the super rich and the squalor of the poor. " According to Paul Buchheit
of DePaul University in 1965, the average salary of a 'CEO' (general manager, ndt) of a major American company was 25 times that of an average worker. Today, the average salary for a CEO is over 250 times that of an average worker. "The New York Times on March 31, 2010 stated that" The leaders of 'hedge funds' (high-risk investment funds, ndt) more paid the race went wild stock market to record gains: according to the survey, the 25 directors at the top of the league pocketed a total of 25.3 billion, surpassing the record of a good margin in 2007. "The annual GDP of almost 90 UN member states is less than what these people have won last year. The highest-paid manager on the list was David Tepper dell'Appaloosa Management, who last year pocketed $ 4 billion.
2009 will also been an economic disaster for a record number of Americans, but for the caste of the nation's millionaires - and millionaires, of course - was an excellent year. According to Forbes Magazine, 2009 "was prosperous for billionaires, "with Bill Gates that I get 13 billion (extending his capital to 53 billion) and Warren Buffett 10 (with total assets of 47 billion). 1.011
are billionaires in the world (of which 40% of Americans), with an average equity of 3.6 billion - just over the "assets" held by the poorest half of the world population.
Throughout their lives, the average American is taught in school, church and corporate mass media that their society is a classless society and that the very notion of classes, class struggle or class war is not nothing more than propaganda for the left.
The differences in pay are allowed, but they say that since mobility (social, ndt) upwards and the American Dream are available to anyone who works hard, in fact there is only one class, despite different levels of wealth. It's called middle class, presumably with different statistical subdivisions for the very rich and very poor. But the "Dream" and the upward mobility not only have never been available to all, have also been substantially reduced over the last thirty years, many new generations of working families.
How often we hear politicians from both parties in power or who administer the government to refer to the working class, lower middle class, lower class or upper class and the ruling class?
the United States, almost all those who earn between $ 25,000 and $ 250,000 per year appear to be grouped in this middle class, this is an absurd parody of the real class relations. Representatives of these two extremes have to pay little or nothing in common except the class that he appears to have been given.
Millions of people living in poverty are called "the poor" and are often targeted in the "public mind" (public imagination, ndt), because of their own miserable living conditions (lazy, apathetic, ignorant) . The super rich are called "1% at the top" and those who are rich are simply called "10% on top of the list" and are often admired and thanked for creating the jobs that prevent those who inhabit the middle class from sliding towards the low in rank of the poor.
During the last three or four decades, the upper class and its agents have accelerated a campaign against the wages and living standards of the working class / lower middle class and, more recently, against the middle class, pushing more people in lower classes. An example of this is the abandonment of the correlation between wages and productivity gains, as existed in the first three decades after the Second World War, another example is the erosion of progressive taxation.
Furthermore, the influence of money on the White House and Congress has resulted in the fact that virtually no significant legislation in the field of social services is out of Washington for 40 years. President Obama promotes his health care legislation as if it were a major breakthrough progressive, but the apex of the social contribution, the current administration is to the right of the propositions of the 1948 Democratic President Harry Truman and the program of the 1972 Republican President Richard Nixon. The problem
is not only the disproportionate amount of money in the hands of a minority while the quality of life of most American families is chafing, but that is what is done with all that money. It is used to elect presidents, governors and mayors in most cities. Elect members of the House, Senate and state legislatures. If you have millions to spend without batting an eye, you have power in America, often decisive power and this is mainly used to further the interests of those who "have", as opposed to those who "have not."
is what it means class war, war that nowadays seems to have been declared only 10% at the top (upper class), which controls 96% of the wealth, compared to 90% (from working class to the middle and lower), which controls only 4%. By the way, 50% less wealthy population represents only a pathetic 1% of the wealth of America.
Would not it perhaps time that 90% "below" get up, fight back and claim his share?
Original title: "What Classless Society? The Growing Rich-Poor Gap in" classless "America" \u200b\u200b
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