Posted by Jay_Bravest_Face on September 2, 2008, at 8:23:15
In reply to Re: American Refugees » Sigismund, posted by rayww on September 1, 2008, at 11:16:43
> It is good that you provide breakfast for the homeless.
>
> Maybe the drug trade has caused a high percentage of our homeless here in the US. Power hungry drug cartels.
>No, I think this is more likely the reason for homelessness:(see where I put ****
In the United States, wealth is highly concentrated in a relatively few hands. *The top 1% of households (the upper class) owned 33.4%* of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 51%, which means that ***just 20% of the people owned a remarkable 84%***, leaving only 16% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth, the top 1% of households had an even greater share: 39.7%.
poster:Jay_Bravest_Face
thread:849319
URL: http://www.dr-bob.org/babble/poli/20080728/msgs/849858.html