The division of poverty & the wealthy
Why did the people of our Countries start the Occupy Movement? Read these alarming statiscs for Canada, I would think that the good 'ol USA and some other countries are about the same.
Today the richest 10% now account for 40% of all market income and own over 1/2 of the entire wealth of the country. Over the past 30 years, the wealthiest of the wealthy peoples income increased by 300%, that's right..over 300% in 30 years.
Now the middle class has had an income increase of just 5.5% in 30 years. Sounds unjust doesn't it! Well, it gets worse.
The poorest of working families earned a mere $10,000 after taxes in 1990. Today, in 2013 they earn $9,300 after taxes. Say what?????
So let's see...300%+ wealthiest...5.5%+middle income....negative% (yes -0%) poor: All in a 30 year span
updated by @the-barrellady: 01/13/15 09:48:03PM