The L-Curve: Income Distribution of the U.S.

The United States is an economic train wreck. Democracy has been effectively destroyed there.

Thank the republican party.

I like this, except the graph is VERY compressed. You are going to need a MUCH longer football field to cover 307 million Americans.

If $40,000 = 1.5 inches, then the $14.2 Trillion gross domestic product = 236,666,667 inches, or 3,736 miles.

So the football field is actually longer than the United States.

Put another way: The '30 mile' mark of Bill Gates's $40 Billion: Divide Bill Gate's Wealth by 307 million Americans. Your share: $130.

The GOP played America like a harp beginning with Reagan"s tax cuts for the rich !

We have Socialism for the rich and Free Enterprise for the poor !

"There's class warfare, all right," Mr. (Warren) Buffett said, "but it's my class, the rich class, that's making war, and we're winning."

This is a bad idea. They make a big tax on millionaires and then inflation makes a million dollars not worth much and then YOU rise up into that tax bracket. Poverty is caused by partially by the government stealing via unsound currency and deep deficit spending. Make the government live within its means. They are the main source for most of the problems.

Just as important is the fact wealth BIDS up the price for everyone else. This is not technically inflation but it reduces living standards even if one maintains a static income.

Can not make GOLD on the printing press !

Absolutely and the politicians and banks will never allow people to have a real store of value in a direct way. They will have to figure it out for themselves.

With the latest statistics it is even more " L SHAPED" !!