My source: David Stockman, GOP wunderkid who implemented Trickle Down as OMB Director.
He added up all the GDP and estimated the riches from the middle ages and ancient times.
His real point is that most all of what's been created since 1981 has ended up in the pockets of the greedhead plutocrats' pockets.
In 1985, the top five percent of the households – the wealthiest five percent – had net worth of $8 trillion – which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $40 trillion. The top five per cent have gained more wealth than the whole human race had created prior to 1980.” -- David Stockman, Ronald Reagan's budget director
http://www.cbsnews.com/video/watch/?id=7009217n&tag=related;photovideo
"In 1985, the top five percent of the households, wealthiest five percent, had net worth of $8 trillion, which is a lot. Today, after serial bubble after serial bubble, the top five percent have net worth of $40 trillion," he explained. "The top five percent have gained more wealth than the whole human race had created prior to 1980." -- David Stockman
SOURCE: http://www.cbsnews.com/stories/2010/10/28/60minutes/main6999906_page4.shtml
And to think there are kids in America who every night would go to bed hungry if they had one.
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