Re:One-Percenters Close to Surpassing Wealth of U.S. Middle ...
by NovemberWhiskey on Saturday November 09, 2019 @11:08AM
(#21492289)
That's tautological for you since you've decided that income is your determiner of class status, and I think this is more controversial than you accept.
My wife and I are income 1%ers, but we're also first-generation college graduates. We live in a city with a tremendously high cost-of-living, because it's where our jobs are. If we are lucky, we will inherit some small amount of equity in our parents homes. We have no political connections or clout. Our income is virtually 100% in the form of pay from our employers.
From your point of view, we're better candidates to be "upper class" than say, Andrew Cuomo, the Governor of New York (salary: ~$180K) despite the fact that Cuomo's father was also Governor of New York, he was married to a Kennedy, and he presided at Billy Joel's wedding to his fourth wife?
My wife and I are income 1%ers, but we're also first-generation college graduates. We live in a city with a tremendously high cost-of-living, because it's where our jobs are. If we are lucky, we will inherit some small amount of equity in our parents homes. We have no political connections or clout. Our income is virtually 100% in the form of pay from our employers.
From your point of view, we're better candidates to be "upper class" than say, Andrew Cuomo, the Governor of New York (salary: ~$180K) despite the fact that Cuomo's father was also Governor of New York, he was married to a Kennedy, and he presided at Billy Joel's wedding to his fourth wife?