US wealth distribution shown in a terrifying way, our government is criminal.

[Devine88]

Wow, I didn't realize it was this bad. The bottom 80% of the US holds 7% of the wealth! What do?

[badbart]

Wow, I didn't realize it was this bad. The bottom 80% of the US holds 7% of the wealth! What do?

Have half a brain and decent work ethic you don't have to be in the bottom 80%.

[Conspiracybrah]

Fallacy #1 The use of the word "distribution" instead of the accurate term "wealth creation"
- Wealth is not distributed. It is created. Distribution is a term that accurately describes what most people call "redistribution" today by the government (bailouts, welfare, or in reality; everything that the government does).

Fallacy #2 Wealth creation (or distribution by the government) should be based around how hard the individual works
- This is not how wealth creation happens. Wealth comes by providing one type of resource to the market. How much wealth each individual creates is based around how high demand this resource has. Obviously, the amount of wealth created from each resource sold to the market depends on how rare that resource is as well. The people who do not earn much is giving resources that are not as valuable to the market as the ones who do earn much.
Note: I am here avoiding the complications of adding distribution into the mix. The kind of distribution mentioned earlier (bailouts, welfare etc) is given for free by the government to these individuals so here no resources has been sold to the market which means that someone must have lost this wealth to the government which skews the ratios slightly. This may result into some people ending up with less wealth than their resources were worth on the market.

TL;DR
- This clip is just more of the same left-wing liberal propaganda that has been created the last century to give the government even more power

[MrJohnLocke]

Have half a brain and decent work ethic you don't have to be in the bottom 80%.

Amen brah, 80% of everyone in the USA is a brain dead retard!

[Merauder]

They should make that for the world

[Fruity Snacks]

hold on OP, i thought we didnt live in a ****ing communist nation. who the **** cares what the distribution is?
/democracy /freemarket

[7thbrah]

How is our government criminal OP? Srsly lol. Wealth has nothing to do with govt

[bill257]

A lot of it has to do with the bottom of the barrel slugs reproducing far more rapidly than productive people with brains. The rest is because the economic policies of the 80s and beyond that led to the stock market explosion and massive wealth for those who invested and nothing for those who didn't.

[ToddlerSquattin]

Pretty good video but terrible ideas, ideology etc..

as soon as somone says the CEO 'doesn't work as hard' as the janitor I switch off. Wealth has absolutely nothing to do with how hard you work it has everything to do with how much value you add/provide.

[scotyg]

so why exactly is this the governments fault?

[foreverSNAFU]

This video just goes to show that you peasants have too much free time on your hands. Not that it matters, we're already taking your guns away, we own the police force, and soon we'll cut your wages down even further.

Welcome back the aristocracy.

Now mow my lawn, bake me a cake, and go back to living in your filth.

[BoneSkinny]

Pretty good video but terrible ideas, ideology etc..

as soon as somone says the CEO 'doesn't work as hard' as the janitor I switch off. Wealth has absolutely nothing to do with how hard you work it has everything to do with how much value you add/provide.

That is mentioned.

I agree with the main idea of the video, but I am skeptical of it's statistics.

Everyone (except the 0.1%) benefits from fair income equality. To be cliche, it is un-American to have a huge disparity between average man and the mega rich. It removes our political power and only the 0.1% have any influence over politics -- we only have an illusion of power. But we are controlled by markteting and commericals, which the 0.1% control.

Also, the poor put stress on us (the middle class) not the ultra rich. So we get screwed twice, 1) We don't have a lot of money 2) We have to spend our money (which is already low) helping the poor.

It is better to make incomes more equal and then our money will be of our own, rather than assisting the poor because they will not be 'poor' anymore.

[leafs43]

Something like 80% of billionaires and millionaires in the US are self made.


That means they went out and created their own wealth. They didn't have it distributed to them.

[saintpatrick]

How is our government criminal OP? Srsly lol. Wealth has nothing to do with govt

this lulz at idiot kids who government for everything

[Conspiracybrah]

Everyone (except the 0.1%) benefits from fair income equality. To be cliche, it is un-American to have a huge disparity between average man and the mega rich.

What is "fair income equality"?

Liberty is American, distribution of wealth (or redistribution which most people call it) is the un-american aspect here. As long as the disparity comes from the means of liberty it is American.

It removes our political power and only the 0.1% have any influence over politics -- we only have an illusion of power. But we are controlled by markteting and commericals, which the 0.1% control.

America wasn't supposed to be a democracy either (less than a 1/3rd of the political process started out democratically)

[BoneSkinny]

Something like 80% of billionaires and millionaires in the US are self made.


That means they went out and created their own wealth. They didn't have it distributed to them.

Even if this were true, it doesn't negate the idea that many people are at a disadvantage in life due to their birth.

For example, let us not forget that although Bill Gates made his company "from his garage" is from a wealthy family to begin with. His father was a famous lawyer, his mother was on the Board of Directors of a bank, and his grandfather was president of a bank company. Bill Gates also attended Harvard. He is hardly the 'self made' , rags to riches story.

Although Bill Gates is a great guy, he still had a huge advantage over a poor, african american woman born in Brooklyn.

What is "fair income equality"?

Liberty is American, distribution of wealth (or redistribution which most people call it) is the un-american aspect here. As long as the disparity comes from the means of liberty it is American.


America wasn't supposed to be a democracy either (less than a 1/3rd of the political process started out democratically)

Fair is different for everyone, but the current system is unfair imo. The wealth gap is un-American because the American dream is that anyone can make it no matter what when in reality is it very, very hard for some people to 'make it' compared to others.

I believe the field should be more level compared to how it is. Although I think the stats in OP's video are skewed, I'll use it as an example for sake of an example: A person born into the lower class (owns 1% of wealth) just can't compete with someone who was born into 40% of the wealth. The notion is un-American imo

[cncman]

How is our government criminal OP? Srsly lol. Wealth has nothing to do with govt

wat

[D0omsdayPrime]

The problem is the very wealthy have strong influence in our govt. the solution is less government especially with corporate welfare. I'm for a predominately free market economy but we have to worry about the concentration of wealth and government power

[Purostaff]

but who was tax?

[getz1]

1% bro checking in, what is going in here?

[UsernameTaken]

Put down your iGadgets, delete your ********s, disregard TV/celebrities: The nation will move towards prosperity.

[leafs43]

Even if this were true, it doesn't negate the idea that many people are at a disadvantage in life due to their birth.

For example, let us not forget that although Bill Gates made his company "from his garage" is from a wealthy family to begin with. His father was a famous lawyer, his mother was on the Board of Directors of a bank, and his grandfather was president of a bank company. Bill Gates also attended Harvard. He is hardly the 'self made' , rags to riches story.

Although Bill Gates is a great guy, he still had a huge advantage over a poor, african american woman born in Brooklyn.

Bill Gates dropped out of Harvard (pre-law not computer science).


Gates learned computers in high school.


He is as self made as they come.

[SlavicGod]

Great we have the stats now OP. What next? How is this a problem and how is it the government's fault. Maybe if all the liberal sheep actually took time to do research and suggest good solutions we'd actually get somewhere.

Reminds me of the occupy Wall Street movement, had plenty of support and could have easily led a a revolution or at least reform but everyone was too busy being outraged and waving around their liberal arts degrees.

[BoneSkinny]

Bill Gates dropped out of Harvard (pre-law not computer science).


Gates learned computers in high school.


He is as self made as they come.

Please.... just to be accepted to Harvard is about as fair away from self-made as possible.

In addition, learning and owning a computer is not something a poor person can do in early 80s as easily as a rich kid. Thats the point. The playing field should be more equal -- not entirely equal, but more.

[bobbobson]

Bill Gates dropped out of Harvard (pre-law not computer science).


Gates learned computers in high school.


He is as self made as they come.

bill gates was lucky enough to attend one of the few high schools that had good computers at that time

[sensiblebrah]

Bu..Bu...But they worked for their money. The bottom 80% is lazy and feckless... we should have tax cuts for the 1% as owning nearly half the nations wealth isn't enough!! Merica!! Fuk yeah!! the wealth will trickle down brahs!!

[leafs43]

bill gates was lucky enough to attend one of the few high schools that had good computers at that time

So?

Why didn't any of Bill Gates high school classmates become mega rich billionaires?

[UsernameTaken]

Please.... just to be accepted to Harvard is about as fair away from self-made as possible.

In addition, learning and owning a computer is not something a poor person can do in early 80s as easily as a rich kid. Thats the point. The playing field should be more equal -- not entirely equal, but more.

wow GREAT post

[oe7Leo]

the real problem with the wealth inequality is that a strong economy relies on having a strong middle class. as the middle class is eroded, so the economy of the US will falter. when the US rose to be the world's greatest economy, it had a burgeoning middle class. now it's fading.

[LeoDaVinci]

TL;DR
- This clip is just more of the same left-wing liberal propaganda that has been created the last century to give the government even more power

This. Fuk socialists, statists and leftists in their ******* asses. (no gay hate)