4 ms·
When he says they live in a 'bubble', he literally means they(or we) live in a bubble isolated from issues. I'm sympathetic to OWS, but on the other hand, I c
by qdog 15y ago
When he says they live in a 'bubble', he literally means they(or we) live in a bubble isolated from issues. I'm sympathetic to OWS, but on the other hand, I come here and worry if my salary (which is X% greater than the average American's) is too low, because people on HN are making Y% more than me(or at least claiming to).
However, I'm not in the 1%. It's a little hard to fathom, but there are a handful of people at GOOG in the 1%, but we tend to act more like we(tech people, I don't work at GOOG) are the 1% than the 99%. I don't know if Schmidt is point out the divide, or oblivious. I'm hoping for the former.
- Jach 15y agoEven if some of us aren't in the 1%, there's nevertheless this desire to get there and instead of just wishing for millions of dollars people here are actively working on earning those millions. Some of us aren't in the 1%, but a lot of us are soon-to-be or trying-to-be there. As Schmidt put it, "Young people can work hard and make a fortune." (And the 1% cutoff point is only around $300k per year; the critical issues affecting the 99% are mostly affecting the 85% below $100k.)