General Discussion

marmar

(77,081 posts) Sat Nov 30, 2013, 10:37 AM Nov 2013

THE NEW AMERICA: 3 Million Overlords, 300 Million Serfs

One of the most disturbing trends in this country is the rise of extreme wealth and income inequality.

As the following charts show, America is rapidly becoming a country of a few million overlords and 300 million serfs.

Unfortunately, this issue has been politicized, which means that people don't think about the implications of it — they just start yelling.

But extreme inequality is bad for everyone, even the overlords.

Why?

Because when inequality gets bad enough, serfs can't afford to buy products from overlords. This hurts the overlords' ability to get even richer. ........................(more)

The complete piece is at: http://www.businessinsider.com/wealth-and-income-inequality-in-america-2013-4#ixzz2m8j388ji

5 replies

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Highlight:

THE NEW AMERICA: 3 Million Overlords, 300 Million Serfs (Original Post) marmar Nov 2013 OP

k&r for the truth, however depressing it may be. n/t Laelth Nov 2013 #1

Tax Them Octafish Nov 2013 #2

Go straight to Plan B. rug Nov 2013 #3

serious problem. good post. Sheri Nov 2013 #4

If it continues, it won't be a "few million overlords." duffyduff Nov 2013 #5

Laelth

(32,017 posts)

1. k&r for the truth, however depressing it may be. n/t

Reply to marmar (Original post)

Sat Nov 30, 2013, 10:52 AM

Nov 2013

-Laelth

Octafish

(55,745 posts)

2. Tax Them

Reply to marmar (Original post)

Sat Nov 30, 2013, 11:11 AM

Nov 2013

If they don't like it, go with Plan B.

rug

(82,333 posts)

3. Go straight to Plan B.

Reply to Octafish (Reply #2)

Sat Nov 30, 2013, 11:13 AM

Nov 2013

Pigs.

Sheri

(310 posts)

4. serious problem. good post.

Reply to marmar (Original post)

Sat Nov 30, 2013, 12:16 PM

Nov 2013

we need a massive increase in the minimum wage.

duffyduff

(3,251 posts)

5. If it continues, it won't be a "few million overlords."

Reply to marmar (Original post)

Sat Nov 30, 2013, 12:38 PM

Nov 2013

Try just a handful of billionaire families when the millionaires and multi-millionaires are devoured.

These people are actually parasites, aided and abetted by our "elected" officials in both political parties.

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