In cities all over the country, protesters are drawing the battle line between the top 1% and the rest of us in the bottom 99%. Too much economic power is in too few hands.
It’s unfortunate indeed that the Occupiers have so far ignored the country’s most egregious concentration of economic power.
In 2010, a tiny cabal of 535 individuals — just 0.00017% of the population — spent $3.5 trillion, or about 23% of the $14.5 trillion U.S. economy. That leaves 77% for the other 99.99983% of us.
I don’t expect Congress to do much about this. Via Congress: The Country’s Most Egregious Concentration Of Economic Power – Investors.com.