Austerity – ‘Oxfam: 85 richest people as wealthy as poorest half of the world’
85 people vs 3,500,000,000.
This is why we need to cut social programs.
Because these ‘poor’ people are draining our resources.
‘The world’s wealthiest people aren’t known for travelling by bus, but if they fancied a change of scene then the richest 85 people on the globe – who between them control as much wealth as the poorest half of the global population put together – could squeeze onto a single double-decker’.
‘The wealth of the 1% richest people in the world amounts to $110tn (£60.88tn), or 65 times as much as the poorest half of the world’.
‘Winnie Byanyima, the Oxfam executive director who will attend the Davos meetings, said: “It is staggering that in the 21st Century, half of the world’s population – that’s three and a half billion people – own no more than a tiny elite whose numbers could all fit comfortably on a double-decker bus.”
From : http://www.theguardian.com/business/2014/jan/20/oxfam-85-richest-people-half-of-the-world
The report, ‘Working For The Few’ is here : http://www.oxfam.org/sites/www.oxfam.org/files/bp-working-for-few-political-capture-economic-inequality-200114-summ-en.pdf