The 'Congress is Rich' infographic shows just what rappers and members of the US government have in common: oodles and poodles of cash. The artistry behind the graphic is an absolutely hilarious way of showcasing the not-so-hidden truth about the riches of Congress' superstars from John Kerry to Michelle Bachmann and even dating back to Ben Franklin, the famous face of America's $100 bill. Its blunt title, "I'm Rich B*tch: Why Congress Is Way Richer Than You," draws viewers in, and on the heels of the 2012 Presidential race, this infographic couldn't be more relevant.
While it's no secret that the current rulers of the free world also have the biggest stake in its economy, the 'Congress is Rich' infographic puts forth a shocking statistic. While there is only a minuscule percentage of millionaires in the states, (1%) the percentage of these millionaires in Congress is over half (58%)!
What's Driving This Trend
- Conspicuous Consumption
- The 'Congress is Rich' infographic highlights the excessive wealth of government officials, creating opportunities for startups to provide luxury goods and services to this demographic.
- Wealth Inequality
- The large wealth disparity between Congress and the general public, as demonstrated by the infographic, could spur disruptive innovation in areas such as financial services and wealth management.
- Transparency and Accountability
- The creation and dissemination of infographics like 'Congress is Rich' could drive increased transparency and accountability in the government, paving the way for startups focused on promoting transparency in the public sector.
Who This Affects Most
- Luxury Goods
- The infographic highlights the excessive wealth of government officials, creating opportunities for luxury brands and services to cater to this wealthy demographic.
- Financial Services
- The large wealth disparity between Congress and the general public, as demonstrated by the infographic, could spur disruptive innovation in areas such as financial services and wealth management.
- Transparency Solutions
- The creation and dissemination of infographics like 'Congress is Rich' could drive increased transparency and accountability in the government and public sector, paving the way for startups focused on transparency solutions.
