Friday, February 13, 2009

SO MUCH WEALTH AND SO MUCH POVERTY

What is the use of creating so much wealth when most of it is absorbed by the 5% rich at the top and nothing reaches the middle and lower classes. Every year our productive powers is increased but what is the use of it for the masses? As long as the CEOs and the rich pay themselves billions of dollars, the mass of people are not going to benefit from this wealth. Reminds me when I was in England. I was always wondering why despite that this nations plundered the whole world for more than 200 years, the average British are so poor and live in much worse situation than even people in Iran, until I noticed that much of that wealth was turned into huge estates and expensive merchandise for the rich and did not reach the people.

It is so much true that "Trickle down economy would have worked miracles, if only we did not have such huge sponges at the top!".

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