Headline Reaction: That’s a Far Cry from John Boy
Steven L. Taylor
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Thursday, December 15, 2011
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8 comments
Via Forbes: Six Waltons Have More Wealth Than the Bottom 30 % of Americans.
(No doubt one has to be of a certain age to get the ref).
About Steven L. Taylor
Steven L. Taylor is a Professor of Political Science and a College of Arts and Sciences Dean. His main areas of expertise include parties, elections, and the institutional design of democracies. His most recent book is the co-authored
A Different Democracy: American Government in a 31-Country Perspective. He earned his Ph.D. from the University of Texas and his BA from the University of California, Irvine. He has been blogging since 2003 (originally at the now defunct Poliblog).
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It was a terrible time to be a kid named john …
But a great one, if your name was Sam!
It’s worth noting that virtually everyone reading this has a net worth higher than the combined bottom 25 percent of Americans–who have zero net worth.
@James Joyner: True.
good night John Boy
“I think we all know what Mr. Goldberg wants us to make of it, it’s a telling indictment of American wealth inequality, the world’s going to the dogs and something must be done about rising inequality.”
Let’s see now. One reason the late Sam Walton’s estate and his surviving kin have all this money is that countless American consumers have voluntarily redistributed their own wealth by walking into Walmart, digging into their pockets and giving it to them!
Whatta Country!
Want to fell old?
John Boy Walton is 61.
@ponce: I didn’t need to know that.