Republicans pooh pooh the idea of wealth redistribution. They deride Obama’s policy as being just that.

Truth is, their policies that have caused far more wealth redistribution, than Lenin, Marx, Stalin, Mao, Hitler, or Tojo combined.. It has been redistributed all the wrong way; to the top.

I became curious as I was in line pushing my cart from Costco’s checkouts to my car, scratching my head how I could have spent $50 dollars on a few trinkets: water, bread, paper towels and razor blades. I had only three of the wrong bags (plastic) and had just electronically approved the emptying of my account by $50 dollars…. (The same purchases would have cost $33 back in November, before the Bush tax cuts were extended an additional two years)..

How does that play out in our society?

First a chart:

Yearly income ….(divided by 52 divided by 5)……. daily income

1 million…………………………………………………….$3846
$125,000……………………………………………………$480
$ 75,000…………………………………………………….$288
$ 45,000…………………………………………………….$173
$ 25,000…………………………………………………….$96
$14/hour @ 7.5 hours……………………………………..$105
$10/hour @ 7.5 hours……………………………………..$75
$7.25/hour, 7.5 hours……………………………………..$54
$2.38/hour, 7.5 hours……………………………………..$17

That means almost an entire day of work for someone on minimum wage, was worth those three bags I had in my hand.

Prior to November, they would have at least had $19 more dollars to spend.
Bread, water, paper towels, and a razor plus blades ($9 +$15). (ever wonder why most working protestors have beards?)

Here is a list of countries that I know had protests over wealth distribution, some causing the collapse of their governments… Tunisia, Egypt, Libya, Albania, Britain, Wisconsin, Jordan, Bahrain, Syria, Yemen, Singapore… I’m sure there are more.

In each case, the people are protesting that they have to live on less and less, while their wealthy, due to unfair lenient tax laws, are making more and more….

1% of Americans, own 40% of our wealth. Wow, that sounds like Mexico, or Columbia! Do they really own that much?

The Gini coefficient is a mathematical term that measures inequality. If everybody has the same amount of wealth, the coefficient will be zero. If one person has all the wealth, then the coefficient would be 100.

Using this tool, we see how the world is stacked. Those countries called socialist by overly rich republicans, who apparently are complaining on having to live on $174,000 these days, and called number one places to live by everyone normal, have relatively low coefficients. Third world countries, where the president owns all the wealth, have relatively high ones

Here is a chart with map showing the rankings…..

Scroll down to see the company the United States keeps…. Georgia, Tunisia, Turkmenistan, United States, Morocco…… The only economic power below us is China, which will no doubt pass us up this year.

Far above us (we are ranked 85 our of 149, with some embarrassing countries better off than we are….. Myanmar, Iran, Yemen, Russia, Libya,) lie the top echelon, Denmark, Japan, Iceland, Sweden, Norway…..

What do those countries do differently? They figure out what they need to spend to maintain the quality of life they wish to attain, then spread the tax burden over whomever lives, or works there… Yes taxes are higher than here, … but when they pay $4 dollars for a gallon of milk, it goes toward their next doctor’s visit, not into some foreign investor’s pocket, who is playing with the hedge fund of milk that day.

Therefore they live much better than we can. Unless of course, you over here happen to be a 1 percent-er.

Then. for you, buying bread, water, paper towels, and razors is taking less than 2% of your daily pay, and not the 92% it does for someone who worked all day on the minimist of minimum wage….. .

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