Agreed - there is a difference that people - especially populists - like to ignore between "rich" (wealth) and high earnings. If you have $10M in a checking ac

Agreed - there is a difference that people - especially populists - like to ignore between "rich" (wealth) and high earnings. If you have $10M in a checking account, but choose work at Starbucks as a barista because you like fake Italian names for coffee, you are rich. If you have no savings or other assets, but earn $150K/year, you are not rich.