GLOBALLY IN RANK OF THE MIDDLE-CLASS 😦
Excerpted from the LesLeopold HuffingtonPost article:
Big Lie: America Doesn’t Have #1 Richest Middle-Class in the World… We’re Ranked 27th!
Jun 28, 2013 | Updated Aug 28, 2013
Les Leopold Author, “How to Make a Million Dollars an Hour” (Wiley 2013)
America is the richest country on Earth. We have the most millionaires, the most billionaires and our wealthiest citizens have garnered more of the planet’s riches than any other group in the world. We even have hedge fund managers who make in one hour as much as the average family makes in 21 years!
This opulence is supposed to trickle down to the rest of us, improving the lives of everyday Americans. At least that’s what free-market cheerleaders repeatedly promise us.
Unfortunately, it’s a lie, one of the biggest ever perpetrated on the American people.
Our middle class is falling further and further behind in comparison to the rest of the world. We keep hearing that America is number one. Well, when it comes to middle-class wealth, we’re number 27.
List of countries shown (16) in graph (alphabetical):
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