Infuriating Facts About Our Disappearing Middle-Class Wealth

Infuriating Facts About Our Disappearing Middle-Class Wealth:

slavin:

azspot:

1. 
   

   Each Year Since the Recession, America’s Richest 1% Have Made More Than the Cost of All U.S. Social Programs

   
   


2. 
   

   Almost None of the New 1% Wealth Led To Innovation and Jobs

   
   


3. 
   

   Just 47 Wealthy Americans Own More Than Half of the U.S. Population

   
   


4. 
   

   The Upper Middle Class of America Owns a Smaller Percentage of Wealth Than the Corresponding Groups in All Major Nations Except Russia and Indonesia.

   
   


5. 
   

   Ten Percent of the World’s Total Wealth Was Taken by the Global 1% in the Past Three Years

   
   

This is of course, numbers, not news. And yet.

I remember my grandfather telling me stories about life in Russia before the soviet revolution, and how he said it: everyone could hear and see the weather that was coming but no one knew how to dress for it.

It’s all going to burn. Sorry.

via Tumblr http://ift.tt/1AnamPg