The total amount of money in the United States, actual money, cash, checking accounts, CDs, savings accounts, is $9.54 Trillion. Divide that by everyone in the country (300 Million People) and everyone would get $3,000,000. That's 3 Million Dollars each. For everyone.
The actual amount of money that we have is a more distressing figure. For people under the age of 35, they're likely to only have $6,000. .2% of their equal share of the total money. If you're between 35 and 44, it's 1.1%.
This seems to me like a great indicator of the health of our Economy. How much of the equal share that we would have if we divided it up equally should we have? Was there a moment in History where this was all more equitable? Remember, 100% means that we have exactly our equal share of all the money in the country. Should we be getting 50%? 25%? 10%? Well the Walton family has $148.8 Billion, which is 49,600% what we would all get if it were equal. Even if what we're getting doesn't seem like too little, that DEFINITELY seems like too much. And it DEFINITELY seems like it should be taxed if they're at FIFTY THOUSAND times what we all have. I can tell you one thing, these numbers are at least troubling and a sign that money isn't moving around like it should in a healthy economy. Just sayin'.
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