America, where one percent of the people control twenty one percent of the money...?

Question

and the bottom fifty percent of Americans control twelve percent. Where multinational corporations can fit twelve thousand headquarters in one house in the Cayman Islands, control congress and merge and consolidate wherever possible. Is this globalization? Is this good for Americans? What's happening in America that we seem to be going back to the days of the Robber Barons?

Answer 1

It really is starting to resemble the Guilded Age. I can remember when there was such a thing as the Blue Collar Middle Class. Now, they're the Working Poor. And Social Service Programs for people with full time jobs have become an enormous Corporate subsidy. Making up the difference between what workers are paid and what it costs to live.

And, with Globalization, it's not just Corporations that are screwing the working and professional classes. Many of those corporations, especially in the Media are increasingly owned by hostile Arab and Chinese government agencies.

So many questions aren't even asked by the "Liberal Media." For instance, do we need tax relief for the rich, who are going to get richer anyway? If outsourcing is so profitable, why do we subsidize it with a Special Tax Break? Why do we allow campaign contributions from Foreign Governments? The list is endless.

And bugeyes, long before "Sicko" it was known that impoverished Cubans, despite the Embargo on Medical Supplies, have longer life spans and lower infant mortality rates than Americans.

Answer 2

Gee, people are starving in streets. Are people really worse off than three decades ago? Before you answer, remember that the goal then was a house (not a 2800 sq ft resort, a 1500 sq ft house), food on the table, a telephone (with which you maybe made one long distance call a month), and food on the table. No cell phones, no Sattelite TV, no dining out 2-4 nights a week, no new cars every couple of years. People in America have so much, yet they seem to hate the people that are creating the jobs that allow them to live so well. Globilization will help some other people in the world have a fraction of what we do. Go to India where people live in huts on dirt roads and drink dirty water. Go to China where, well it's pretty much the same as India (once you leave the major cities). Americans live well.

Answer 3

I'm very disappointed greed has taken over..... is not good enough to do well in the country big corps want to take over the world destroying the creativity of each american there is plenty for everyone......... keep the jobs in america and export goods not import all goods and americans dont have jobs

Answer 4

I am always intrigued by the people that feel they are owed something. If 1% of the people control 21% of the money, as you say, then that means that only 1% of the people have succeeded financially. If that is the case, then what do they owe you? As for the rest of us, the question is are we happy. Do we get to enjoy our lives and families. If we spend our time crying about what others have and trying to get them to give it to us, then we have failed in life. As for the 1% controlling the government, they still only have one vote each, just like you do. Get involved in politics and vote.

Answer 5

your numbers are WAY off that first dude had it right.

That said he is speaking of the United States not about America. America has over 900 million people and 37 nations the US is only one of them.

Answer 6

Don't forget that 80% of the taxes in this country are also paid by 20% of the people!
I suppose you would prefer us ALL to be poor? Instead of just the lazy and stupid ones.

Answer 7

Yeah that's why the stats show that our per capita income is $45,000 when in reality most Americans make less than $25,000 a year. That's what happens when a select few have a large chunk of the wealth. We have the highest income and wealth inequality of all the advanced economies. The solution to this is Democratic Socialism!

Answer 8

Doesn't speak well to the motivation of the bottom 50% does it? Whose fault is it if a large percentage of whining liberals are too stupid to get off their lazy ***es and improve their position in life?

Answer 9

I live well, most likely below your level of living. I am happy, I have had no rights taken from me to date, I can go where I want to, I can do what I want at anytime. My family loves our way of life. Of course we tend to focus on HOW to make that happen not WHAT IF somebody else has something I don't have.

Answer 10

It will eventually reach a breaking point where the people of less means will get fed up with the CEO's and the government they buy. When it will happen, or what will happen I don't know. It'll be fun to riot and burn down all those credit card companies buildings.