He said that "the average annual income of top percent", that doesn't imply that the top one percent starts at that point.
I've seen a figure more than double that for the average income of the 1%, I suspect that his figure is the median income for 1%ers, and not the mean income (which is closer to $1.5 million).
My father worked his entire life and saved a lot of money. Too bad that illness took everything he had. I guess it was because of our laziness. Don't worry, we recovered. It only took a few decades.
Both your story and mine are just that, two stories out of a sea of stories. Neither one has a lot to do about how the rich have systemically moved the money from the bottom to the top and have recruited the republicans to do their dirty work for them.
go figure. how could they do that with all those rich people taking all the money for themselves.
ol yea our economy isn't a zero sum game.
because the rich never invest, loan, or give money to other people they just hold it under their beds.
Really? at any point in time there is not a finite amount of wealth?ol yea our economy isn't a zero sum game.
Again with the straw.because the rich never invest, loan, or give money to other people they just hold it under their beds.