I'll assume that you actually want to become educated & informed.<quoted text> I realize you can't understand what you read like all libtards but you do know what a question mark is right??? Above is the original quote. See the question mark, moran!!!
"Redistribution of Wealth"
In mathematics, a “distribution” is how certain attributes are ‘distributed” among a given population. For example, the Bell curve in grading is a distribution as it shows how grades are assigned in a classroom. A pie chart of the Federal income tax brackets & their accumulated wealth.
These are distributions.
If we go back 30 years & look at this wealth/bracket pie chart and compare it to today’s wealth/bracket pie chart we would find the following. The slice of the pie representing the wealth of the top bracket is a lot bigger than it was then, The slice representing the middle class brackets would be smaller.
This is because during these years the top bracket saw their wealth grow. The Middle class saw their wealth growth stagnate.
The top bracket did not necessarily take wealth from the middle class to grow their share. But rather as the wealth in this country has grown, the wealthy got most of that growth & the middle class saw little of that growth.
The distribution of wealth, that pie chart from above, changed throughout the years, The slices became different sizes. This change in distribution is called redistribution of wealth.
When we talk about “Redistribution of Wealth” in economic terms, we are talking about this change in the pie chart.
Right now, we have redistribution of wealth. It is the wealthy getting wealthier at a much faster rate than the Middle Class is accumulating wealth.
When Obama talks about the redistribution of wealth, he is talking about reversing that trend & returning to a pie chart more like in the past. Where the Middle Class shares more in the growth of wealth.
There is no taking from one & giving to another. That is not what “redistribution” means.
It means that as the wealth in this country grows, the Middle class would earn a bigger share of it.
So when you right wingers rant rave & run screaming through the streets how Obama is taking money from the makers & giving it to the takers, you just prove how uneducated, uninformed & ignorant you are on this subject.