Old money is the most important to this administration … bringing back coal and splicing all those cut cables. Next a “surtax” on renewable energies, internet streaming services and other internet start-ups? Normal services interrupted for Trump tweets?
Let’s just hope this net neutrality nonsense doesn’t close rooms like this! When capitalists control the internet, they are going to want control of rooms that can make comments that might hurt their bottom line.
On average, respondents said that in an ideal world the top 20 percent of Americans would get nearly one-third of the pie, the second and middle quintiles would get about 20 percent each, and the bottom two quintiles would get 13 and 11 slices, respectively.In an ideal world, in other words, the most productive quintile of society would amass roughly three times the wealth of the least productive.Now, let’s take a look at how the pie is actually distributed. These figures come from Wolff’s working paper, and he expands on them further in his new book A Century of Wealth in America.The top 20 percent of households actually own a whopping 90 percent of the stuff in America – 90 slices of pie! That’s exactly 4 1/2 slices per person, nearly triple their “ideal” share according to Norton and Ariely’s survey respondents. Their average net worth? $3 million.That leaves just 10 percent of the pie for the remaining 80 percent of the populace. The next 20 percent of households (average net worth: $273,600) help themselves to eight slices, while the middle 20 percent ($81,700 net worth, on average) split a measly two slices.Don’t go feeling too sorry for that middle quintile, though – at least they get some pie. The fourth quintile of households gets literally nothing: no pie. But they’re still doing better than the bottom 20 percent of households, who are actually in a state of pie debt: Their net worth is underwater, meaning they owe more than they have. Combined, the average net worth of the bottom 40 percent of households is minus-$8,900.
The best result would be to let things alone but you, Mr Pai, are a toady to Big Business. I don’t really ‘need’ the internet but I like most of what I use of it. Taking the neutrality away will only make one less person here using it. I can go back to buying things through the mail.
Dtroutma over 6 years ago
Yeah, right.
Radish the wordsmith over 6 years ago
Everything the Trumpublicans do is corrupt.
Ontman over 6 years ago
The disrupter whisperer.
superposition over 6 years ago
Old money is the most important to this administration … bringing back coal and splicing all those cut cables. Next a “surtax” on renewable energies, internet streaming services and other internet start-ups? Normal services interrupted for Trump tweets?
I used to be proud of having an FCC license.
Darsan54 Premium Member over 6 years ago
The competency level of this administration doesn’t lend any reassurances.
Sadandconfused9 over 6 years ago
Let’s just hope this net neutrality nonsense doesn’t close rooms like this! When capitalists control the internet, they are going to want control of rooms that can make comments that might hurt their bottom line.
Sadandconfused9 over 6 years ago
I also worry that they might ban the wonderful political cartoonists we have here at gocomics!
Mr. Blawt over 6 years ago
The Republicans are making America great again, for your corporate masters. Meat citizens are nothing but wallets to steal from.
Charliegirl Premium Member over 6 years ago
Just when you think they can’t find another way to stick it to us!
Radish the wordsmith over 6 years ago
On average, respondents said that in an ideal world the top 20 percent of Americans would get nearly one-third of the pie, the second and middle quintiles would get about 20 percent each, and the bottom two quintiles would get 13 and 11 slices, respectively.In an ideal world, in other words, the most productive quintile of society would amass roughly three times the wealth of the least productive.Now, let’s take a look at how the pie is actually distributed. These figures come from Wolff’s working paper, and he expands on them further in his new book A Century of Wealth in America.The top 20 percent of households actually own a whopping 90 percent of the stuff in America – 90 slices of pie! That’s exactly 4 1/2 slices per person, nearly triple their “ideal” share according to Norton and Ariely’s survey respondents. Their average net worth? $3 million.That leaves just 10 percent of the pie for the remaining 80 percent of the populace. The next 20 percent of households (average net worth: $273,600) help themselves to eight slices, while the middle 20 percent ($81,700 net worth, on average) split a measly two slices.Don’t go feeling too sorry for that middle quintile, though – at least they get some pie. The fourth quintile of households gets literally nothing: no pie. But they’re still doing better than the bottom 20 percent of households, who are actually in a state of pie debt: Their net worth is underwater, meaning they owe more than they have. Combined, the average net worth of the bottom 40 percent of households is minus-$8,900.
http://www.sfgate.com/news/article/Richest-1-percent-owns-more-of-country-s-wealth-12409951.php
comixbomix over 6 years ago
“Best result for the consumer”??? LOL! I think it’s clear just who the “consume-ee” is…
Spun_G over 6 years ago
Maybe I’m mistaken, but it looks to me like the Chairman’s name is pronounced “Ads, yet Pay”?
wiatr over 6 years ago
The best result would be to let things alone but you, Mr Pai, are a toady to Big Business. I don’t really ‘need’ the internet but I like most of what I use of it. Taking the neutrality away will only make one less person here using it. I can go back to buying things through the mail.