This cartoon from The Seattle Times illustrates how America’s economic pizza is actually sliced per capita, highlighting the massive disparity between the Top 1%, the merely wealthy, the upper middle class, and the lower 50%.
This cartoon from The Seattle Times illustrates how America’s economic pizza is actually sliced per capita, highlighting the massive disparity between the Top 1%, the merely wealthy, the upper middle class, and the lower 50%.
It also doesn’t do anything to show the scale in the top 1%. There is more difference from the top and bottom of that single percentage than there is in the entire pizza and crumbs.
Yeah. The difference between the net worth of Elon Musk and of Gary Tharaldson is basically Elon Musk’s entire net worth. And, Gary Tharaldson is a billionaire and the richest person in North Dakota.
The “merely multi-millionaires” are still a problem. Their wealth corrupts the democratic system. But, it isn’t as dangerous as Musk’s or Bezos’s power.