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I'm using the word "1%" in the recently popularized figurative sense, the people who make enough money to outsource things like hailing a taxi or doing grocery
by thufry 13y ago
I'm using the word "1%" in the recently popularized figurative sense, the people who make enough money to outsource things like hailing a taxi or doing grocery shopping.
- jdminhbg 13y agoThat sort of makes your point an exercise in circular logic then: The recovery drove money to people who spend money on goods and services. Well yes, the people who work in fields that are doing well now are more likely to spend the money they get paid on new products.
- loganfrederick 13y agoI think (or at least surmised) that the circular nature of the argument is part of the point. Previous economic happenings increased the wealth/income gap, but these new services have arrived which allow the wealthy to increase their standard of living while creating income for the lower classes, thus decreasing the gap to an extent.
- visakanv 13y ago"the recently popularized figurative sense" so how many % is the recently popularized figurative 1%?
- thufry 13y agoProbably around 2%.