The Wealth Distribution
In the United States, wealth is highly concentrated in a relatively few
hands. As of 2001, 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 sha 39.7%. Table 1 and Figure 1 present
further details drawn from the careful work of economist Edward N. Wolff at
New York University (2004).

Assuming these states have some semblance to reality (which is questionable)......

Even if the numbers are not precisely correct, the picture painted
above most assuredly has a "semblance to realilty." No one who knows
anything about economics would dispute the statement that "In the
United States, wealth is highly concentrated in a relatively few
hands."

This not-so-thinly-veiled message of support for socialism.......

That's silly! Is the Department of Commerce of the United States,
currently under the control of a Republican Administration, a
supporter of socialism?

Do you even know what the word "socialism" means?

vince norris