64% of US wealth went to top 10% since Reaganomics

Oh sure, if you want to nitpick the economic model that the Republicans (and too many Democrats) have promoted for the past thirty years has helped solidify the American aristocracy but isn’t it kinda fun having royalty? As long as we can use them as tourist attractions how could this be a bad thing? We should all be thankful that they have chosen to grace us with their presence and minimum wage jobs.

It’s probably not such a big deal that 24% of the US wealth is concentrated in the hands of only 1% of the population. Look, if Democrats in power don’t see it as a problem, they’re probably right. After all, they always have their finger on the pulse of the country and know what’s best and what’s fair for hard working Americans. If they didn’t how would they maintain voter support, after all?

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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