07-27-2017, 02:42 PM
(07-26-2017, 03:56 PM)Belsnickel Wrote: Without doing any research, how do you think wealth is distributed in the U.S.? Divide the population into quintiles and assign a percentage of total wealth to each. How much total wealth is held by the bottom 20%, second 20%, third 20%, fourth 20%, and top 20%)?
Then watch the video. How close were you? What do you think about this issue?
And because there will be the inevitable "equality of opportunity" commentary: https://www.theatlantic.com/business/archive/2015/06/what-matters-inequality-or-opportuniy/393272/?utm_source=fbb
I was exactly right. And I've been told by a certain cross section of this very board since its inception and by others from the mother ship for years before that that I'm an idiot, don't understand economics, etc. Well, I understand reality better than 92% of Americans per the video. No wonder so many of them call me an idiot for speaking the truth.
JOHN ROBERTS: From time to time in the years to come, I hope you will be treated unfairly so that you will come to know the value of justice... I wish you bad luck, again, from time to time so that you will be conscious of the role of chance in life and understand that your success is not completely deserved and that the failure of others is not completely deserved either.
