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4 Life in the 99 Percent - Pg. 41

4 Life in the 99 Percent Great accumulations of wealth cannot be justified on the basis of personal and family security. . . . In the last analysis, such accumulations amount to the perpetuation of great and undesirable concentration of control in a relatively few individuals. . . . Such inherited economic power is as inconsistent with the ideals of this generation as inherited political power was inconsistent with the ideals of the generation which established our government. --Franklin Delano Roosevelt The bottom 99 percent in the United States represents about 310 million people and over 150 million households. The bottom 99 percent includes a wide spectrum of people, from those who are homeless and destitute all the way to relatively affl uent households with a couple of million dollars in wealth. The higher