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The top 1%

Posted by Dinah on November 10, 2011, at 10:02:14

Is your obstetrician married to a professional of any sort? Are they the 1%? Are they horrible people?

I saw someone say they doubted any of the 1% lived in New Orleans. It made me wonder just who that 1% is. We might not be the wealthiest city in the world, but having people in the city who make over $340,000 doesn't seem all that unreasonable. I daresay that many people know one or two of these people.

The urban institute defines it as $500,000. Or two high paid professionals at $250,000 each.

Wealthy, certainly. But worth of rage? In the position to oppress the 99%? In my opinion, no.

It's like the top 1% in intelligence. Smart, certainly. Unbelievable geniuses? No. It's 1%. One out of a hundred. Not one out of ten thousand, or one out of a hundred thousand. How many people are there in the United States? 300 million? So one percent would be three million people. That's a heck of a lot of people to be angry with.




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