Azt
8th April 2014, 09:15
This is one of those videos that help all of us realize how our perceptions are actually way off sometimes (reality is even harder than we think it is), here is a vid about America's wealth distribution, well explained and a must see to get a bigger picture of our "finance barons".
slTF_XXoKAQ
Transcription of this video
there's a chart I saw recently that i
can't get out of my head
a Harvard business professor and
economist passed more than
five thousand americans
how they thought well was distributed in
the united states
this is what they said they thought it
was dividing the country fireproof
groups at the top
bottom and middle three twenty percent
groups
they asked people how they thought the
wealth in this country was divide
any ask them
what they thought was the ideal
distribution
in ninety two percent
that's at least nine out of ten of them
said it should be more like this
in other words
more equitable than they think it is
now that practice telling admittedly
the notion that most americans know that
the system is already skewed unfairly
to what's most interesting to me
is the reality compared to our
perception the ideal is is far removed from our
perception of reality
as the actual distribution is from what
we think exists in this country
ignore the ideal for a moment
she was really think it is again
and hear is the actual distribution
shockingly scheme
not only to the bottom twenty percent
and the next twenty percent the bottom
forty percent of americans
barely have any of the twelfth i mean
it's hard to even see them on the chart
but the top one percent
has more of the country's wealth
then nine out of ten americans believe
the entire top twenty percent should
have
mind-blowing
but let's look at it another way because
my father struck kind of difficult to
wrap my head around
instead let's reduce the three hundred
eleven million americans to
just a representative
one hundred people
make it simple
here they are
teachers coaches
firefighters construction workers
engineers doctors lawyers some
investment bankers to c_e_o_ media
celebrities
mellissa line them up according to their
wealth
poorest people on the left wealthiest on
the right justice steady wrote folks
based on their networks
will color code them like we did before
based on which twenty percent quintile
they fall into
now let's reduce the total wealth of the
united states which was roughly fifty
four trillion dollars in two thousand
nine
to this symbolic pile of cash
sisters among our own s wells pure
socialism all the wealth of the country
distributed equally
we all know that won't work
we need to encourage people to work and
work hard
to achieve that goal american dream and
keep our country moving forward
here's that might be your
cast point about
something like this occurs
this isn't too bad we've got some
incentive as the wealthiest folks are
now about ten to twenty times better off
in the poorest americans
but hey even the poor folks aren't
actually poor since the poverty line has
stayed almost entirely off the chart we
have a super helping middle-class but
this man
transition into wealth and yes
republicans and democrats alike chose this curve
nine out of ten people ninety percent
said this was a nice ideal distribution
of america's well
but let's move on
this is what people think america's
wealth distribution actually looks like
thought as equitable clearly
but for me
even this still looks pretty great
yes the poorest twenty to thirty percent
are starting to suffer quite a lot
compared to the ideal
and the middle class is certainly
struggling more than they were while the
rich in wealthier making roughly a
hundred times that of the poorest
americans in about ten times that of the
still healthy middle class
sadly this isn't even close to the
reality
here is the actual distribution of
wealth in america
the poorest americans don't even
register
they're down to pocket change
in the middle class is barely
distinguishable from the poor
in fact even the rich between the top
ten and twenty percent i'll are worse
off
all the talk in person are better off
and how much better off
so much better off at the top two two
five percent
are actually off the chart this scale
and the top of one percent this guy
what his stack of money stretches ten
times higher than we can show
dishes stack of cash respect all by
itself
this is the top one percent we've been
hearing so much about
so much green in his pockets that i have
to give him a whole new column of his
own because he won't fit on my chart
one percent of america has
forty percent of all the nations well
the bottom eighty percent
eight out of every ten people or eighty
out of these hundred
only has seven percent between them and
this only gotten worse in the last
thats the max YouTube allowed
slTF_XXoKAQ
Transcription of this video
there's a chart I saw recently that i
can't get out of my head
a Harvard business professor and
economist passed more than
five thousand americans
how they thought well was distributed in
the united states
this is what they said they thought it
was dividing the country fireproof
groups at the top
bottom and middle three twenty percent
groups
they asked people how they thought the
wealth in this country was divide
any ask them
what they thought was the ideal
distribution
in ninety two percent
that's at least nine out of ten of them
said it should be more like this
in other words
more equitable than they think it is
now that practice telling admittedly
the notion that most americans know that
the system is already skewed unfairly
to what's most interesting to me
is the reality compared to our
perception the ideal is is far removed from our
perception of reality
as the actual distribution is from what
we think exists in this country
ignore the ideal for a moment
she was really think it is again
and hear is the actual distribution
shockingly scheme
not only to the bottom twenty percent
and the next twenty percent the bottom
forty percent of americans
barely have any of the twelfth i mean
it's hard to even see them on the chart
but the top one percent
has more of the country's wealth
then nine out of ten americans believe
the entire top twenty percent should
have
mind-blowing
but let's look at it another way because
my father struck kind of difficult to
wrap my head around
instead let's reduce the three hundred
eleven million americans to
just a representative
one hundred people
make it simple
here they are
teachers coaches
firefighters construction workers
engineers doctors lawyers some
investment bankers to c_e_o_ media
celebrities
mellissa line them up according to their
wealth
poorest people on the left wealthiest on
the right justice steady wrote folks
based on their networks
will color code them like we did before
based on which twenty percent quintile
they fall into
now let's reduce the total wealth of the
united states which was roughly fifty
four trillion dollars in two thousand
nine
to this symbolic pile of cash
sisters among our own s wells pure
socialism all the wealth of the country
distributed equally
we all know that won't work
we need to encourage people to work and
work hard
to achieve that goal american dream and
keep our country moving forward
here's that might be your
cast point about
something like this occurs
this isn't too bad we've got some
incentive as the wealthiest folks are
now about ten to twenty times better off
in the poorest americans
but hey even the poor folks aren't
actually poor since the poverty line has
stayed almost entirely off the chart we
have a super helping middle-class but
this man
transition into wealth and yes
republicans and democrats alike chose this curve
nine out of ten people ninety percent
said this was a nice ideal distribution
of america's well
but let's move on
this is what people think america's
wealth distribution actually looks like
thought as equitable clearly
but for me
even this still looks pretty great
yes the poorest twenty to thirty percent
are starting to suffer quite a lot
compared to the ideal
and the middle class is certainly
struggling more than they were while the
rich in wealthier making roughly a
hundred times that of the poorest
americans in about ten times that of the
still healthy middle class
sadly this isn't even close to the
reality
here is the actual distribution of
wealth in america
the poorest americans don't even
register
they're down to pocket change
in the middle class is barely
distinguishable from the poor
in fact even the rich between the top
ten and twenty percent i'll are worse
off
all the talk in person are better off
and how much better off
so much better off at the top two two
five percent
are actually off the chart this scale
and the top of one percent this guy
what his stack of money stretches ten
times higher than we can show
dishes stack of cash respect all by
itself
this is the top one percent we've been
hearing so much about
so much green in his pockets that i have
to give him a whole new column of his
own because he won't fit on my chart
one percent of america has
forty percent of all the nations well
the bottom eighty percent
eight out of every ten people or eighty
out of these hundred
only has seven percent between them and
this only gotten worse in the last
thats the max YouTube allowed