North American Economics - By Moses

U.S.A Economy from a Canadian Perspective


Workforce – 100 Million People
Total Income @ $50,000/Person/Year Employed = $5 Trillion

Current System

The top 1% of all income earners’ in the U.S.A encompass roughly 1 million people of their population, and earn approximately $50,000,000 ($50 Million)/person/year on Average. The bottom 10% of all income earners’ encompass roughly 10 million people (NOT including people in jail and hard drug users – Cocaine and Heroine), and earn approximately $7,000/person/year.

Therefore; the total income of the top 1% income earners’ is roughly $50 Trillion
(1 million people X $50 Million), and, the total income of the bottom 10% income earners’ is roughly $70 Billion (10 million people X $7,000).

This means that there are 71,485 intervals of $70 Billion within $50 Trillion;

Therefore; to adjust the disparity in half, cut the top 1% income earners’ income to $25 Million/person/year, and quadruple the bottom 10% income earners’ income to $28,000/person/year. This would bring down the top 1% total income of 1 million people down to $25 Trillion, and bring up the bottom 10% income (Total Income) to $280 Billion. There would be a SURPLUS of 24.74 TRILLION U.S DOLLARS. In other words, there would be absolutely, unequivocally a ZERO U.S National Deficit.

Another dichotomy; a 4% tax on people earning $5 million+/year, means that on an average of $20 Million/Person/Year amongst 3,000,000 people (a rough estimate) would mean that $2.4 Trillion Dollars would materialize.

What we see World-wide is a completely different economic restructuring compared to the U.S. A Dollar (or any measurement of currency for that matter). The Dollar goes further. This is what we see in Southeast Asia and Northeast Africa; whereas $1 U.S is measured in a microscopic sense. For example, one could look at $1 U.S as being 100 U.S Cents. What tends to happen is that things get twisted and people are now looking at the currency exchange. 1/400th of 1/400th @ a rate of exchange in micro-pennies could theoretically provide 160,000 Pennies per $1 U.S. That is why we see people in Southeast Asia earning less than $1 U.S/Day.

Analysis

It seems to me that somewhere down the road there was a communication breakdown between responsible sensibilities that were in the U.S as recent as 1977. At that time in the U.S.A a person never really believed that they’d make Millions of Dollars. Maybe if they were lucky they’d win the lottery. They knew however, that they’d allows be able to achieve gainful employment. These days it almost seems that you’re screwed if you don’t earn at least $100,000/year. What is a Country that is poor to the point of mass starvation and plague supposed to think about us, the fortunate? Are we honestly supposed to tell them that it is because we were lucky enough to be born here? It DOESN’T hold water.