News for hackers. Stuff that matters.
Re:The 9.9 Percent Is the New American Aristocracy by beager on Monday May 28, 2018 @11:34AM (#17172973)
I think the point TFA was making is that the 9.9% hasn’t experienced a decline in wealth in order to feed the accretion of wealth in the top 0.1%, and that such a situation creates an aristocratic attitude among that 9.9%, dulling any motivation to fix wealth inequality or economic immobility in the bottom 90%.

I believe that the term 9.9% is a slogan though.

Re:The 9.9 Percent Is the New American Aristocracy by AstralStorm on Monday May 28, 2018 @12:41PM (#17173346)
The difference between comfort and struggle, hmm?

Three real question is what the 9.8% can do even if completely united to fix the problem that the top 0.1% cannot stop. Unless you mean politicians (who are typically in top) - because power and wealth are related but nor equivalent - and transferable plus exchangeable.