The situation I described (have a house, car, smartphones, cable TV, etc.) could hardly be described as poor IMHO. And compared to the truly poor (either around

The situation I described (have a house, car, smartphones, cable TV, etc.) could hardly be described as poor IMHO. And compared to the truly poor (either around the world or in our country in previous centuries) I'd argue they do indeed qualify as rich. And sure, CEO wages are ridiculously high. But the government has generally shown that it's inept at managing things like that. Is the solution to force the wages lower? Hardly. It's to allow companies like that to fail (rather than propping them up with stimulus) so that management is actually both vulnerable and accountable.