KW Exercise 7.2
The
video on mashable.com talks about how unaware members of society think wealth
is distributed. What we think the nations distribution looks like is in a a
way, ideal. We don’t realize that our nations poverty line and distribution
between classes is actually much, much worse than what we think it is. We
essentially believe that our nation is equal, but some people just have it
better than us.
The
Elite or top 1% of the population own 40% of the nations revenue/wealth.
While the other 60% the wealth is distributed amongst the other social classes.
The
video enraged me because of how the elite make more money because of the
power they have and how the hard working class are paid crap salaries. The
elite make this insane amount of money, 380 times more an hour to be exact
compared to the average middle class person.
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