To the Editor:
Our Creator built us with the unique ability to communicate, reason and make decisions. Then of course, we have to live with the results. Following are some facts and statistics that you can mull around in your grey matter, sometimes referred to as your brain.
The top 20 folks (individuals) in America own more wealth than the bottom half of folks (that’s all the rest of us).
College tuition increased by 1,120 percent
Medical care has increased by 601 percent
Food has increased by 244 percent
Shelter has gone up by 380 percent
Typical workers pay up 10 percent
Minimum- wage workers pay down 5.5 percent
Average CEOs pay increased by 937 percent
This is what has happened since 1978. this information provided by EPI, Bloomberg, US Labor Department.
And then from The New York Times the inflation-adjusted net worth for a typical household was $87,992 in 2003. Ten years later, it was only $56,335, a 36 percent decline.
Now a phrase from the past, “put that in your pipe and smoke it” or as we say today “think about that for awhile.”
That is what I am doing, Have a great day!
Tony Bos Harlingen