America has over 4% of the world population. It's impossible for all americans to be in the 1%
The top 25% of american earners is as large as the 1% figure could reach.
It only takes $34,000 per person to be amid the richest 1% of people in the world.
NEW YORK (CNNMoney) -- The United States holds a disproportionate amount of the world's rich people.
It only takes $34,000 a year, after taxes, to be among the richest 1% in the world. That's for each person living under the same roof, including children. (So a family of four, for example, needs to make $136,000.)
So where do these lucky rich people live? As of 2005 -- the most recent data available -- about half of them, or 29 million lived in the United States, according to calculations by World Bank economist Branko Milanovic in his book The Haves and the Have-Nots.
Another four million live in Germany. The rest are mainly scattered throughout Europe, Latin America and a few Asian countries. Statistically speaking, none live in Africa, China or India despite those being some of the most populous areas of the world.
In the grand scheme of things, even the poorest 5% of Americans are better off financially than two thirds of the entire world.
http://money.cnn.com/2012/01/04/news...est/index.htm#
Obama wants to change that, with his failed policies, he wants us like all the other 3rd world countries.
America has over 4% of the world population. It's impossible for all americans to be in the 1%
The top 25% of american earners is as large as the 1% figure could reach.
6,840,507,000 : world pop
http://www.google.com/publicdata/exp...rld+population
311,800,000 : US pop
http://geography.about.com/od/obtain...population.htm
3.118/68.40507=.04558141669908385
4.6%
Phantasmal (01-06-2012)
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