Well, now that the Democrats have won, everything will get fixed, and you can stop depending on Rich People for your paycheck and figure out how to live without them.
Doing the math, does that mean that 47% of the world's population owns the remaining 9% of the wealth?
The distribution of wealth tends to regulate itself over time -- albeit, relatively long periods of time... The pendulum swings back and forth. At one extreme, if 1 per cent owned 90% of the wealth, the other 99% would not have enough wealth to buy anything. The *stuff* that the 1% had, which defined their wealth, would be worthless, if thre was no prospect of selling it or converting it into a freely exchangeable form (such as money). Not to mention the *outrage of the masses* factor. And the *system*, as such, would collapse. How would the collapse manifest itself? The Russian Revolution and the French Revolution, before it, are prime examples... And the Fall of Rome, come to think about it... :-)
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I agree, the poor and middle class must sacrifice
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The distribution of wealth tends to regulate itself over time -- albeit, relatively long periods of time... The pendulum swings back and forth. At one extreme, if 1 per cent owned 90% of the wealth, the other 99% would not have enough wealth to buy anything. The *stuff* that the 1% had, which defined their wealth, would be worthless, if thre was no prospect of selling it or converting it into a freely exchangeable form (such as money). Not to mention the *outrage of the masses* factor. And the *system*, as such, would collapse. How would the collapse manifest itself? The Russian Revolution and the French Revolution, before it, are prime examples... And the Fall of Rome, come to think about it... :-)
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