It is obvious the wealth margins in this country are huge. But after doing some research, it looks like only 8 People own HALF of the country’s wealth.
What’s one thing they mostly all have in common? They are democrats that have ties to Hillary Clinton. That’s right, Hillary’s Democrats. The people that pride themselves on fighting wealth inequality and “redistributing the wealth” yet the results show those sentiments to be false completely an utterly false. The worst part? One of them isn’t even AMERICAN.
VIA| Presenting it’s findings before the annual gathering of global political and business elites, anti-poverty organization Oxfam says the gap between the super rich and the poor is significantly greater than it was a year ago.
From the AP:
The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday.
Presenting its findings on the dawn of the annual gathering of the global political and business elites in the Swiss ski resort of Davos, anti-poverty organization Oxfam says the gap between the very rich and poor is far greater than just a year ago. It’s urging leaders to do more than pay lip-service to the problem.
If not, it warns, public anger against this kind of inequality will continue to grow and lead to more seismic political changes akin to last year’s election of Donald Trump as U.S. president and Britain’s vote to leave the European Union.
“It is obscene for so much wealth to be held in the hands of so few when 1 in 10 people survive on less than $2 a day,” said Winnie Byanyima, executive director of Oxfam International, who will be attending the meeting in Davos. “Inequality is trapping hundreds of millions in poverty; it is fracturing our societies and undermining democracy.”
The same report a year earlier said that the richest 62 people on the planet owned as much wealth as the bottom half of the population. However, Oxfam has revised that figure down to eight following new information gathered by Swiss bank Credit Suisse.