Capitalism has turned USA's citizens into the wealthiest on the planet. From 1979-2014 USA's upper middle class rose from 12% to 30%, Rich from .04% to 11%, Middle class decreased from 39% to 32% but that is largely attributed to the middle class moving up to upper middle class, the Lower Middle Class from 16% to 8% and the Poor from 7% to 4%. Poverty rate has also been slashed in half in that time, not only in the USA but in the world as well.
However the fact remains, Capitalism has turned USA citizens into the wealthiest people in the world and it is not even close. Our poor, are equivalent to the worlds middle/upper middle class.
So next time some dummy communist on this board or else where in life tries to convince you that socialism or communism is the way to go, make sure to point these stats out to him.
http://www.pewresearch.org/fact-tank...-middle-class/
http://money.cnn.com/2016/06/21/news...-middle-class/
Last edited by JimRaynor; 01-16-2017, 06:33 PM.
However the fact remains, Capitalism has turned USA citizens into the wealthiest people in the world and it is not even close. Our poor, are equivalent to the worlds middle/upper middle class.
So next time some dummy communist on this board or else where in life tries to convince you that socialism or communism is the way to go, make sure to point these stats out to him.
http://www.pewresearch.org/fact-tank...-middle-class/
http://money.cnn.com/2016/06/21/news...-middle-class/
Last edited by JimRaynor; 01-16-2017, 06:33 PM.
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