Re:Work, Work, Work – So a Few Can Be Rich
by JoeAltmaier on Thursday August 11, 2022 @02:30PM
(#32429853)
For those in the top of earnings, it feels good to ignore wealth inequality. To imagine it's somehow 'ok' that a handful of people own over half the economy, is tragic.
Consider: the bottom half of American wage-earners (those below $97,000(!)) have combined wealth of approximately 1% of the American total.
So maybe we're talking about the wrong 1% - we can instead consider those sharing <1% of the 'American pie' who's income is hopelessly distant from anything that could dig them out of the bottom.
I have to imagine, the parrot in the room is not me. I wonder why somebody "far left" can fool themselves this way.
Consider: the bottom half of American wage-earners (those below $97,000(!)) have combined wealth of approximately 1% of the American total.
So maybe we're talking about the wrong 1% - we can instead consider those sharing <1% of the 'American pie' who's income is hopelessly distant from anything that could dig them out of the bottom.
I have to imagine, the parrot in the room is not me. I wonder why somebody "far left" can fool themselves this way.