Happy Thanks Giving to one and All

[buickanddeere]

Happy Thanks Giving to one and All . We are blessed beyond what anyone could imagine just 100 years ago . And we live better than probably 80% of the world's population today.

 

[GolfAddict]

Same to you, and a very merry Christmas as well!

 

[buickanddeere]

Same to you, and a very merry Christmas as well!

Don't bother mentioning Christmas until after Nov 11th. As for Thanks Giving it's this weekend.

 

[ovrszd]

Every day is Thanksgiving Day.

 

[Wagtail]

And the same to you & all of my Canadian TBN Mates!

:turkey::turkey::turkey::turkey:

 

[smstonypoint]

Happy Thanks Giving to one and All . We are blessed beyond what anyone could imagine just 100 years ago . And we live better than probably 80% of the world's population today.

Matt Ridley puts things in perspective -- ".... of Americans officially designated as 'poor,' 99 percent have electricity, running water, flush toilets and a refrigerator; 95 percent have a television, 88 percent a telephone, 71 percent a car and 70 percent air conditioning. Cornelius Vanderbilt had none of these."

In America, the top 1% earn more than $380,000 per year. We are, however, among the richest nations on Earth. How much do you need to earn to be among the top 1% of the world?

$34,000.

That was the finding World Bank economist Branko Milanovic presented in his 2010 book The Haves and the Have-Nots. Going down the distribution ladder may be just as surprising. To be in the top half of the globe, you need to earn just $1,225 a year. For the top 20%, it's $5,000 per year. Enter the top 10% with $12,000 a year. To be included in the top 0.1% requires an annual income of $70,000.

.... "the poorest [5%] of Americans are better off than more than two-thirds of the world population." Furthermore, "only about 3 percent of the Indian population have incomes higher than the bottom (the very poorest) U.S. percentile."

Attention, Protestors: You're Probably Part of the 1%

You can thank capitalism and the rule of law.

Steve