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Great Compression

Simple Math

Subject: 
Economics
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Economic inequality
economics
Socioeconomics
Income distribution
Index numbers
Welfare economics
Income in the United States
Distribution of wealth
Wealth
Great Compression
Wealth inequality in the United States

There is a class war going on in this country. And my class is winning"?Warren Buffet???There is one meta fact about wealth and inequality in this country that trumps all others- this is a very, very, rich country. If there were a UN sponsored Olympics for the worlds riches we would be the silver medal winners in per capita wealth among developed countries, second only to the Swiss who have cornered the gold (literally and figuratively) with their secret banking billions.??Just how rich are we? With just 5% of the world?s population we own just shy of one third of all the wealth in the world- 32.6%. That?s $201,319 for every adult American.
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