Whether Obama or Romney - Wealth Remains Concentrated in the Hands of a Few
Obama vs Romney 2012 by DonkeyHotey flickr
"The day will come when our Republic will be an impossibility because
wealth will be concentrated in the hands of a few. When that day comes, we must
rely upon the wisdom of the best elements in the country to readjust the laws of
the nation" -
President James Madison
Whether Obama or Romney is the next president, that day has already come
for the United States - the wealth of the nation is "concentrated in the hands of a few". For example:
- According to Forbes, the 400 wealthiest Americans
have more wealth than the bottom 150 million Americans
93 - The United States now ranks 93rd in the world in income inequality.
95 - The middle class continues to shrink - 95 percent of the jobs lost during the last recession were
middle class jobs. 350 - The average CEO now makes approximately 350 times as much as the average American worker
makes.. 40 - The official U.S. unemployment rate has been above 8 percent for 40 months in a row. 50,000 - The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001. 56,000 - The United States has lost more than 56,000 manufacturing facilities since 2001.
The U.S. Economy By The Numbers 70 Facts That Barack Obama Does Not Want You To See
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Lance Ciepiela is a retired senior who had an interesting career in government service - a United States Marine Corps (USMC) Vietnam-Era veteran, who became interested in restoring the Constitution after I realized that W Bush had attacked Iraq (
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