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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (6400)9/14/2007 3:37:53 AM
From: maceng2  Respond to of 50015
 
data and links..

USA GNP $13.5T. (opps out by a factor of ten there)
bea.gov

however this makes a clearer argument.

USA National Debt. $9.01T
zfacts.com
zfacts.com

"In the United States, the richest 1 percent of households owns 38 percent of all wealth."

and

A household in the middle — the median household — has wealth of about $62,000. $62,000 is not insignificant, but if you consider that the top 1 percent of households’ average wealth is $12.5 million, you can see what a difference there is in the distribution.

multinationalmonitor.org

Households in the USA 105,480,101
quickfacts.census.gov

Estimate net worth of the top 1 percent of usa households = $13.5 Trillion. ($12.5M x 1.05M) as these are average values, not median figures.

Iraq looks to be a Trillion dollar war
msnbc.msn.com

The most significant fact is the growth of debt.... this is the real graph to look at...

mwhodges.home.att.net

any money spent by the "one percenters" is just a drop in a very big bucket of USA debt.

Not that Britain is in any better shape.

money.independent.co.uk

nice site..

mwhodges.home.att.net