Britain's Inequality Starting to Match The US
by Democracy Collaborative on Sep 9, 2014 | Views: 402 | Score: 4
| Wealth Owned By 100 Richest Britons | 50 |
|---|---|
| Wealth Owned By 19 Million Poorest Britons | 50 |
Sources:
community-wealth.org
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by Democracy Collaborative on Sep 9, 2014 | Views: 402 | Score: 4
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Britain has seen growing inequality that is beginning to assume U.S. proportions. In terms of wealth, the 100 richest people in the country are worth about the same as the bottom 30 percent of the population combined. In the US, the top 400 own as much as the bottom 60 percent.
Ummm and so what? Are you a communist? Planning to re-distribute? How much is to much? But does everyone have a bigger piece of the pie? Would it matter to you?
This should be a concern (and I'm not a communist). Everyone does not have a bigger piece of the pie. A very few do. And they are proving that trickle down economics does not work. Never has there been more cash in the hands of the "job creators." Yet they aren't creating those promised jobs.