In 2004, the wealthiest 25% of US households owned 87% ($43.6 trillion) of the country’s wealth, while the bottom quartile held no net wealth at all.[3] The middle 50% of the country held 13% or $6.5 trillion of the total household net wealth.[3] The previous data are taken from analysis of the Survey of Consumer Finances (SCF) which over samples wealthy households. This over sampling more accurately represents the true wealth distribution [since most of the wealth is concentrated at the top]. This data shows that the top 25% of American society holds on average a net wealth of $1,556,801 which is 33 times more than those of the lower middle class, or the 25th-50th percentile
Wealth in the United States - Wikipedia, the free encyclopedia
"Every time that we try to lift a problem from our own shoulders, and shift that problem to the hands of the government,to the same extent we are sacrificing the liberties of our people."-- John F. Kennedy
Now while each of us have our own opinion on the matter, on a personal level, I tend to think that Govt. has a rightful place to see to it that those who cannot see for themselves, its Seniors, its disabled, and those who sacrificed for it (Military, etc) are taken care of. Part of being a citizen in this nation is to not only share in its bounty but to also share in the responsibility of it. While not speaking for others, I have always felt things such as taxes were a responsibilty for such things. The roads we drive on, the aircraft we flew in the Navy, and helping the soldier or sailor who gave so much for his or her nation. This seperation of "Them" and " Us" is a very bad thing for our nation because WE are all in this together and as soon as people begin to realize that then perhaps things might begin turn around a little. I might remind some here too, that in the past 10 years American companies have let go of 2.9 Million Americans and hired 2.4 Million people overseas, and in light of such things as this, wouldn't it be prudent as Americans to remind these companies that its not a bad thing from time to time to put one's nation above one's dollar.
Wealth in the United States - Wikipedia, the free encyclopedia
"Every time that we try to lift a problem from our own shoulders, and shift that problem to the hands of the government,to the same extent we are sacrificing the liberties of our people."-- John F. Kennedy
Now while each of us have our own opinion on the matter, on a personal level, I tend to think that Govt. has a rightful place to see to it that those who cannot see for themselves, its Seniors, its disabled, and those who sacrificed for it (Military, etc) are taken care of. Part of being a citizen in this nation is to not only share in its bounty but to also share in the responsibility of it. While not speaking for others, I have always felt things such as taxes were a responsibilty for such things. The roads we drive on, the aircraft we flew in the Navy, and helping the soldier or sailor who gave so much for his or her nation. This seperation of "Them" and " Us" is a very bad thing for our nation because WE are all in this together and as soon as people begin to realize that then perhaps things might begin turn around a little. I might remind some here too, that in the past 10 years American companies have let go of 2.9 Million Americans and hired 2.4 Million people overseas, and in light of such things as this, wouldn't it be prudent as Americans to remind these companies that its not a bad thing from time to time to put one's nation above one's dollar.
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