Stocks are up but 80% of the value is held by the richest 10%
I don&#x27;t understand this ideology.  In a country like the US, who cares what the riches n percent own, pay, use, etc.?  Really.<p>Mark Zuckerberg was just a kid in a dorm. Look where he is now.<p>OK, don&#x27;t like that example?  Here:<p><a href="https:&#x2F;&#x2F;goo.gl&#x2F;uEUtKE" rel="nofollow">https:&#x2F;&#x2F;goo.gl&#x2F;uEUtKE</a><p>Don&#x27;t complain about what others have achieved.  In the US you have the opportunity to reach for the stars (literally).  If you want it bad enough, with a little luck and hard work you can get there.<p>There will always be far more wealthy people than poor or middle class.  Why?  Because, outside of inheriting wealth, making money is very hard.  Some get lucky and it seems to happen easily.  That&#x27;s not the norm.  Becoming wealthy is hard perilous work.  It requires incredible focus, dedication and discipline.  In some cases it can cost people their family and health.<p>I don&#x27;t like a culture that vilifies the wealthy or creates divisions along these lines.  In a country like the US most people aren&#x27;t rich due to a lack of opportunity, oppression or some grand plan to keep people down.  No, most people are not rich because they either don&#x27;t have what it takes or are not willing to invest the time, effort and sacrifice required to get there.<p>If 80% of the value is held by the richest 10% it is because they made money and continue to risk it in investments such as the stock market.  I have friends who lost hundreds of thousands of dollars on investments in just a few months.  Nobody talks about them taking those kinds of risks.  They do talk about the new Ferrari they bought with the proceeds of the 1 out of 100 investments that actually panned out.<p>Funny how you never see articles during market crashes to highlight how much wealth that same 10% lost.<p>Or how they pay the bulk of all taxes collected.<p>This ideology is not aligned with a sensible reality.