Thursday, January 22, 2015

Helping Obama.

Imagine a nation with a population of 100 people and a money supply of $100. Now imagine if one of those hundred people had $90. That’s 1% of the people with 90% of the wealth.

That’s basically what we have in the United States.

Imagine now that among our 100, there’s a middle class—it’s twenty people, 20% of the population. They have 30-cents each. That means the 20% of the middle class have 6% of the aggregate wealth. Those 20 people have an aggregate of $6.

That leaves 79 people dividing the remaining 4% wealth. They get, at best, a nickel each.

That’s what income disparity is.

It means the vast majority of the nation can’t afford to buy things.

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