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The GP said take money from “every billionaire”, not from every person in the US. One surprising thing about America is that there is a very large, almost invi
by danielvf 8y ago
The GP said take money from “every billionaire”, not from every person in the US.
One surprising thing about America is that there is a very large, almost invisible class of small businesses owners, good sales people, old farmers and random professionals that have in aggregate quite a bit of wealth. More than 4% of the US population are millionaires.
- malandrew 8y agoYup. A lot of the reason the middle class is shrinking is because many of them have joined the ranks of upper middle class.
- malandrew 8y agoHere's some data to support this: http://www.aei.org/publication/yes-the-us-middle-class-is-shrinking-but-its-because-americans-are-moving-up-and-no-americans-are-not-struggling-to-afford-a-home/ http://www.aei.org/publication/yes-the-us-middle-class-is-sh... People want to believe things are getting worse, but they are actually getting better. What's changed is that negativity in journalism has increased.