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Sheepshank

(12,504 posts)
Tue Apr 8, 2014, 02:11 PM Apr 2014

So, I am sad and disappointed and frustrated. 99% are being treated poorly.

But of course we already knew that. It's just that today it's pissing me off more than usual.

To the rich, the middle class is a stinky annoyance they must deal with because, you know, minions and serfs are necessary. The poor and their advocates are actually the enemy.

That is all

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So, I am sad and disappointed and frustrated. 99% are being treated poorly. (Original Post) Sheepshank Apr 2014 OP
People who are earning $375,000 a year are being treated poorly? frazzled Apr 2014 #1
^^this^^ Puzzledtraveller Apr 2014 #3
Yes, they are still subject to the whims of the .001 of the 1% DoBotherMe Apr 2014 #4
what 99% Puzzledtraveller Apr 2014 #2
hey thanks...clearly nothing I just said matters then. Sheepshank Apr 2014 #5

frazzled

(18,402 posts)
1. People who are earning $375,000 a year are being treated poorly?
Tue Apr 8, 2014, 02:52 PM
Apr 2014

Because they are among the 99%.

An entry ticket to the 1% starts with an annual income of about $394,000 (says Berkeley’s Emmanuel Saez) or about $1.5 million in liquid assets (my zestimate). Post-tax and retirement savings, that’s about $220,000 a year while they are working. These are national norms. If they happen to live on the coasts or near a major urban center, as is more than likely, they might need twice as much money to crash into the 1% by local standards.

http://www.forbes.com/sites/phildemuth/2013/11/25/are-you-rich-enough-the-terrible-tragedy-of-income-inequality-among-the-1/


Maybe you should be saying, like, the 75%.

DoBotherMe

(2,339 posts)
4. Yes, they are still subject to the whims of the .001 of the 1%
Tue Apr 8, 2014, 03:28 PM
Apr 2014
http://www.forbes.com/sites/phildemuth/2013/11/25/are-you-rich-enough-the-terrible-tragedy-of-income-inequality-among-the-1/

"Not until you get to the top 1/10th of the 1 percent, with an income of $1.9 million a year, do you achieve orbital velocity and start to escape earth’s monetary gravitational field. You’re not rich in the Hollywood sense until you attain the top 1/100th of the 1%, with an annual income of at least $10.2 million. The 99% only know such people through seeing them on television or reading about them in the newspapers. People in the lower dungeons of the 1% do know these people, though, because unfortunately they have to work for them."

Puzzledtraveller

(5,937 posts)
2. what 99%
Tue Apr 8, 2014, 02:55 PM
Apr 2014

There is no 99%. As if someone at the top of that pile is in any way suffering like the bottom 3rd is.

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