Quote:
Originally Posted by bobinthesky
Maybe, but there's a big difference between the majority of 20 percenters and the minority that were born with the proverbial silver spoon in their mouth. Most of the 20 percenter's I know worked very hard to get to where they are, don't live in a bubble and don't consider themselves any different than working class!
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The majority of the upper income earning families in the country are maw and paw earning $60 -$100K each. They feel the pressure and they sure as hell don't consider themselves rich - even though they are considered high income earners.
The other 80% or should I say 79% are a hell of a lot worse off and most of them would consider themselves poor - both maw and paw working their buts off for $20 - $50k combined.
Then there's the 1% - we shouldn't even go there - but the richest 1% now has as much wealth as the rest of the world combined.
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