Individually, the U.S. has the one percent of Upper Class, the thirty percent of the Upper Middle Class, the thirty two percent of the Middle Class, the seventeen percent of the Lower Middle Class, and lastly, the overwhelming twenty percent of the poor. Now lets specifically look at that top one percent and the bottom twenty percent. How is it that one percent of America controls fifty percent of the national currency, and twenty percent controls a small fraction of it? A major reason for this is due to the rich influencing a specific idea or creating legislation for wealthy politicians in return for a large payoff. If a person were to look at Paine’s quote, “There, the poor are not oppressed, the rich are not privileged,” he/she would be in great
Individually, the U.S. has the one percent of Upper Class, the thirty percent of the Upper Middle Class, the thirty two percent of the Middle Class, the seventeen percent of the Lower Middle Class, and lastly, the overwhelming twenty percent of the poor. Now lets specifically look at that top one percent and the bottom twenty percent. How is it that one percent of America controls fifty percent of the national currency, and twenty percent controls a small fraction of it? A major reason for this is due to the rich influencing a specific idea or creating legislation for wealthy politicians in return for a large payoff. If a person were to look at Paine’s quote, “There, the poor are not oppressed, the rich are not privileged,” he/she would be in great