Thursday, November 3, 2011

20/80 or 99/1 ?? bottom 80 give it to the top 1 but where stand the merit19.9 ??



the winner  class is not the top 1 %
but  the top point 0ne %  ( .1% )
and that gets mulled into
the  ten times larger 1 %
in lots of stats

since household income distribution follows a power law
the soaring tenth of one percent at the top gets anti climactically smushed by agglomeration in the 1.3 million top households by income

yes its the top130k households
--- and for that matter ranked by wealth not latest annual income---
that contain  our   economically mover and shaker  " famillies "

and 13k topping that are this nation's   plutonic elite

--------

the success class


next below the 1% winner class
comes  what in its broadest since
might be call  the real middle class
ie the top 20  less the top 1 ers

 they go   on this   income/wealth cruise
as a class hoping to  maintain the successfuls'  share of  net national income
and they have

2 trillion dollar  question:

is that combo the winner one's  plus the rest of the top  twenty success story folks
 enough to keep this 35 year dynamic share rip off  up  flow of a national   rig job going?