The wealth divide

Latest American average wealth statistics:

Whites:  $629,736

African Americans: $97,995

Hispanics: $108,871

You can argue all day about the crudity of the above statistics and point out that “average” is meaningless unless you know that the top 1% gobble up the greatest proportion of the wealth.  Nevertheless , you have to wonder how our politicians have allowed this dreadful situation to develop.   And it appears that the very wealthy are in effect above the law ( no one has been taken to court following the great financial swindle)

One Comment

  1. How did the politicians allow the terrible discrepancies in wealth to occur is one question. The follow-up and more disastrous outcome: by whom, how and why were and are they allowed to continue above the law?

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