> Why was 1% chosen and not 10% or 0.01% for that matter? Because it's a simple number to write. Lay-people using this term have no idea that the 1% includes

> Why was 1% chosen and not 10% or 0.01% for that matter? Because it's a simple number to write. Lay-people using this term have no idea that the 1% includes doctors and lawyers, they just assume it's ultra-rich bankers, executives, and hedge fund managers. Yes, that means that if you're incapable of understanding context it might sound like they're talking down on doctors and lawyers. But I assure you they're not. > And "railing against" != confusion. If enough people believe something, certain people in that group can do some pretty messed up shit without exactly "railing" first. What are you even saying?