We keep hearing how great the economy is, how low unemployment is, blah blah blah. There seems to be a record that is on repeat or it is skipping and
in the same groove over and over. All admins claim these numbers for unemployment, underemployment, etc and what we need to realize is the ever
changing way in which these numbers are calculated, what is taken into account for the numbers and what is omitted, and other ways they are
manipulated. For many decades it has been known that the actual unemployment numbers are always much greater than what they report by anywhere from
50-200%, it just depends on the metrics they use at the time to come to their numbers. It's much like how some companies (like Tesla) that use
unconventional accounting methods to show higher profits when they are actually in the red. It's the same thing for governement numbers in both
employment related stats and wealth distribution.
The numbers from 2007, in the US, are pretty disturbing.
top 1% = 35%
Next 4% = 27%
Next 5% = 11%
(So the above is equal to the top 10% of the country controls 73% of the nations wealth)
the Next 10% = 12%
So here are the breakdowns of the top 20% in 2007
Top 1% = 35%
Top 5% = 62%
Top 10% = 73%
Top 20% = 85%
That leaves the bottom 80% controlling 15% of the nations wealth!
The "Middle" 20% = 10%
20% above the bottom the poorest 40% = 4%
Bottom 40% of US has less than 1%
Bottom 80% less than 15%
So the bottom 40% has less than 1%, the next 40% above the bottom has about 14%
Now those were from 2007 and the numbers have gotten worst since the bank bailouts, corporate bail outs, TARP, etc.
Current levels suggest
top 1% = 40% of wealth
Next 4% = 28% of wealth
Next 5% = 14% of wealth
Next 10% = 9% of wealth
top 5% control 68% of wealth
Top 10% control 82%
Top 20% control about 91.5~% - leaving only ~9% for the bottom 80%!!!!
The bottom 50% of the nation control less than 1% of wealth
The 15% above the bottom 50% (called upper lower class) control about 2-2.5% of wealth
The 15% above the "upper lower class" (called "lower middle class") control about - 6-7% of national wealth
These numbers show (which have been rounded up to show a rosier picture) show that the bottom 80% control 8.5-10% of national wealth while the top 20%
control 90 - 91.5%!
Now what these numbers don't really take into account is the fact that the bottom 80% are usually in some kind of debt from extreme to moderate,
which actually decreases these numbers to where the bottom 50% control less that 1/2 of 1% of all the wealth in the US! SO if there were 1,000,000
people in the US and the wealth was also 1,000,000, then 500,000 of these people would control less than $5,000 of the $1million example. That means
that each of the 1/2 million people would have about $.01 each.
Now with the same example, $1,000,000 national wealth and 1,000,000 people, the 1% would make up 10,000 people and would control $400,000 or about $40
each, compared to the penny each of the 500,000 of the lowest 50% have, that is a 4000x difference in wealth for each of the 1/2 million people, not
just the 10,000 of the top 1%. This number has grown from about 50-200x at the turn of the 19th century to increasing anywhere form 20-80x, largely
due to political economic policies, fraud, lobbying, subsidies, etc, all of which are meant to extort the lower 80% and move their money to the
Same million person, million dollar national wealth, the top 20% control about $910,000 leaving $90,000 (or less after personal debt is calcualted
into the poor peoples wealth) for the bottom 8000,000 people - meaning the average is about that each of these lower 80$ control just 11 cents each of
the national $1 million dollars - the top 20% have an average of $4.60 each or on average 51x the wealth of each of the lower 80%. This might not
sound like much but when we look at inflation, cost of living, etc, this wealth gap is MUCH worse than these numbers show.
Now we are talking about real income, not the $1,000,000 national wealth example
When a person with a $30,000 income spends 80%+ of their earnings on necessities, rent/mortgage, food, insurance(s), education, etc this can eat up
80-90% of the persons income - so 80% of $30K = $24,000. Now take someone who is making on average 51x more than this person (as shown in paragraph
above) that is equal to everyone in the top 20 % making $1,530,000 per year. Now they could live on the same level as the lowest people at $24,000 per
year (though most all choose not to), which means after their $24,000 expenses they would still have $1,506,000 left. so lets double to 24,000 to
$48,000 and the would still have $1,482,000 left after paying expenses. This money is what makes them able to start businesses, out price smaller
competitors (who are actually working hard, sinking every penny into thier business) and it is only a matter of time before the small business goes
bust due to being undercut by the larger competitors. They almost never stand a chance unless they have some breakthrough technology and in those
cases they are often forced to sell or spend all their money in court litigation (eventually bankrupting them, and have to give company away for MAYBE
a penny on the dollar).
I suggest watching a movie called "Us and Them" released in 2017 or so, its is about this issue and is based in the UK. It gives great examples of
what people in other nations are facing and what may be a way to deal with it.
If people don't stand up and take action, things are only going to get worse. The left is helping as much as they can in some ways to further this
divide and the right is doing the same, only in a different manner. Remember that the political left/right paradigm is completely manufactured and
they are both wings of the same bird, 2 sides of the same coin, etc.
The biggest myth is that is one only worked hard, had the "right" education, they would be rich as well. Also, another myth is that there is a
reason that these CEO (for any company) deserver to be paid 1,000 - 30,000x the normal wage of their workers (often not including bonuses and stock
options) - this myth is that they are "especially gifted and that not many can do the job". while this has a crumb of truth in it, there are MANY
more people who can do this and their ability is nothing special in the greater scheme of things. I mean look, a mediocare reality TV star is now
Pres of the US, who thinks he $hits golden turds that smell like roses - it is a mindset that is both denial and a defensive mechanism. Also, working
for change through political means will NEVER change the current issues, unless there is some kind of catastrophe where the majority of government
officials die and there is an entire new "class" of people coming in to fill the roles.
I can see on other method than open warfare between the classes, watering the tree of liberty with the blood of patriots and tyrants alike. Those who
choose to support the ruling class will find themselves being treated the same as their masters when this happens, so they need to be warned. This is
not a threat of my making, this is factual history which repeats itself whenever inequality such as this arises. It is analalysis of history and the
wealthy know it, which is why they are poisoning the masses form chem-trails
Top 20% has about 90 - 91.5% of wealth