Interesting quote.
Posted on: October 26, 2016 at 11:28:42 CT
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The U.S. represents 4.5% of global population but nearly 30% of its total GDP. The 99% may not control the wealth that is concentrated in the United States, but we all benefit from the outsized role the U.S. plays in global economic, financial, and trade policy. So while we consider what reforms are necessary to rebalance our domestic wealth, we should be mindful of the conditions of those who are truly at the bottom of the global income distribution. Or we may soon find ourselves face to face with the true 99%.