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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
by JoeAltmaier 4y ago
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.