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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo, 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
frazzled
(18,402 posts)1. People who are earning $375,000 a year are being treated poorly?
Because they are among the 99%.
An entry ticket to the 1% starts with an annual income of about $394,000 (says Berkeleys Emmanuel Saez) or about $1.5 million in liquid assets (my zestimate). Post-tax and retirement savings, thats 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%.
Puzzledtraveller
(5,937 posts)3. ^^this^^
DoBotherMe
(2,339 posts)4. Yes, they are still subject to the whims of the .001 of the 1%
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 earths monetary gravitational field. Youre 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."
"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 earths monetary gravitational field. Youre 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%
There is no 99%. As if someone at the top of that pile is in any way suffering like the bottom 3rd is.
Sheepshank
(12,504 posts)5. hey thanks...clearly nothing I just said matters then.