A Look at America's Problems
Feb. 23rd, 2011 11:44 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ysabetwordsmithThese 8 charts illustrate key problems with America's wealth distribution and how it affects the country. Link courtesy of my partner Doug.
America now functions more as a plutocracy than a democracy. A tiny number of super-powerful people control a majority of the wealth. They are over-represented in the government. Wealthy people thus make decisions to benefit themselves, while harming the vast majority of citizens. Many people do not have enough money to live on, which is to say, meet the demands placed on them by the wealthy. The result is a floundering economy because there is simply not enough money left to the bottom 80-90% of people to keep it going. Too much of the money is being hogged by too few people who are using it in ways that aren't producing a healthy economy, no matter what kind of smokescreen they try to blow over the disaster.
America now functions more as a plutocracy than a democracy. A tiny number of super-powerful people control a majority of the wealth. They are over-represented in the government. Wealthy people thus make decisions to benefit themselves, while harming the vast majority of citizens. Many people do not have enough money to live on, which is to say, meet the demands placed on them by the wealthy. The result is a floundering economy because there is simply not enough money left to the bottom 80-90% of people to keep it going. Too much of the money is being hogged by too few people who are using it in ways that aren't producing a healthy economy, no matter what kind of smokescreen they try to blow over the disaster.
