Saturday, March 30, 2013

Show me The Money!

This is a few stills from a video on youtube that is very interesting, and somewhat disturbing.

Her's the link to the full motion video where I captured these stills

http://youtu.be/JTj9AcwkaKM

The first chart we will look at shows what socialism would look like, basically every one has the same amount (looks pretty good from the cheap seats!)



 Now here is what Americans THINK the distribution of wealth in America is, along with a second  bar graph that shows what we think would be a ideal distribution of wealth.


 





 Both of those look good to me.








Let's look at the same data using a X,Y graph.
This is what Americans THINK the actual distribution of wealth is in the USA

 
















Now here's the shocker, let's see what the actual distribution of wealth is
using the same style chart:



Take a good look, we can see over to the left, the poor hardly register on this chart. We have to move quite a way up the income ladder to reach the middle class, and honestly, it is hardly any better than the lower middle class or the poor.






Now look to the right of the chart. The first steep climb is for 10% of the people. The almost vertical lines represent the top 1%, the wealth for the goes right off the top of the chart!

But to really represnt it on this graph, we have to cut the lines down and stack them next to each other.



What we are looking at is that the top 1% are so wealthy, not only would their wealth not fit on the graph, but we have to dissect it into ten pieces to even show it on the chart. Add all those lines together and you have a 1% that is Very Very wealthy. In fact, they have the same amount of overall wealth as the bottom 40% of Americans added together



That is a mind-bogging statistic to me.


 
While American workers were improving their productivity, and working more hours, and while the businesses they work in are all profitable, the workers did not share in any reward for working at the company and doing a great job.






No comments:

Post a Comment