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America, the land of the destitute
Posted By Editor On April 21, 2013 @ 8:08 pm In Opinion/Commentary,Political & Politicians | Comments Disabled
1. $2.13 per hour vs. $3,000,000.00 per hour
Each of the Koch brothers saw his investments grow by $6 billion  in one  year, which is three million dollars per hour based on a 40-hour ‘work’ week. They used some of the money to try to kill renewable energy standards around the country.
Their income portrays them, in a society measured by economic status, as a million times more valuable than the restaurant server  who cheers up our lunch hours while hoping to make enough in tips to pay the bills.
A comparison of top and bottom salaries within large corporations is much less severe, but a lot more common. For CEOs and minimum-wage workers, the difference  is $5,000.00 per hour vs. $7.25 per hour.
2. A single top income could buy housing for every homeless person in the U.S.
On a winter day in 2012 over 633,000 people were homeless  in the United States. Based on an annual single room occupancy (SRO) cost  of $558 per month, any ONE of the ten richest Americans  would have enough with his 2012 income to pay for a room for every homeless person in the U.S. for the entire year . These ten rich men together made more than our entire housing budget .
3. The poorest 47% of Americans have no wealth
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URLs in this post:
 Image: http://www.alternet.org
 Paul Buchheit: http://www.alternet.org/authors/paul-buchheit
 Five Ugly Extremes of Inequality in America — The Contrasts Will Drop Your Chin to the Floor: http://www.alternet.org/economy/five-ugly-extremes-inequality-america-contrasts-will-drop-your-chin-floor
 $6 billion: http://www.forbes.com/forbes-400/
 one: http://finance.yahoo.com/news/pf_article_113540.html
 kill renewable energy: http://www.huffingtonpost.com/elliott-negin/koch-brothers-fund-bogus-_b_2253472.html
 restaurant server: http://www.thenation.com/blog/166328/week-poverty-obamas-budget-your-servers-budget
 difference: http://www.huffingtonpost.com/2012/05/25/average-ceo-pay-2011_n_1545225.html
 over 633,000 people were homeless: http://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories/2012/HUDNo.12-191
 (SRO) cost: http://www.cookcountyassessor.com/forms/cls2srob.pdf
 housing budget: http://en.wikipedia.org/wiki/2013_United_States_federal_budget
 most: http://faireconomy.org/sites/default/files/BornOnThirdBase2012.pdf
 minimally-taxed: http://www.alternet.org/economy/5-obscene-reasons-why-richest-americans-grow-richer-middle-class-declines?paging=off
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