Make elites compete: Why the 1% earn so much and what to do about it

Re:Make elites compete: Why the 1% earn so much and what to ... by moonshinefe on Saturday March 26, 2016 @06:15AM (#11365121)

"When people (innumerately) rage against the 1%, they're not thinking of real estate agents and local doctors and lawyers and dentists and university or hospital administrators. But that's who the 1% is. "

Actually that's not true at all. Even if those people are just under/barely millionaires, they're still getting most of the advantages over poor people.

They're probably also not paying rents, in debt as much, and probably had higher educations.

[ Parent | on HN ]

Re:Make elites compete: Why the 1% earn so much and what to ... by ralusek on Saturday March 26, 2016 @03:46PM (#11367126)

But that's okay. I don't think anybody that is rallying against the 1% is mad that there are people who aren't poor. They're mad that there are families sitting on tens of billions of dollars. They are mad that hedge fund managers are making tens of billions of dollars a year, and banks are able to gamble their mortgages and assets into oblivion, only to be saved by their tax dollars.

Nobody is mad at the concept of being able to improve your situation with hard work.

[ Parent | on HN ]