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Spazito

(55,356 posts)
8. I disagree...
Tue May 1, 2012, 02:35 PM
May 2012

It is far from simply "a definitive mathematical/financial cut-off mark that distinguishes the 1% from everyone else". The mathematical/financial component is part of the equation, it is not THE equation, imo.

Another and equally, if not even more important, key component is how the 1% chooses to use their vast wealth. If they use it to fight against the rights of others in order to protect their privileges, if they use it and the power it brings to enrich themselves further at the expense of the poor and the middle class, etc, then they ARE the 1% being referenced.

If, on the other hand, they use their vast wealth and influence to fight for the rights of others, if they use their wealth and influence to try and narrow the gap between the wealthy and the poor and middle class then, imo, although they would qualify as being in the 1% financially, within the tax structure, they do NOT qualify when all factors are taken into consideration, again, imo.

Recommendations

0 members have recommended this reply (displayed in chronological order):

They are the .01 %. yesphan May 2012 #1
That's not a subjective thing. DefenseLawyer May 2012 #2
the 1% are the great unwashed masses to Romney Enrique May 2012 #3
They own the 1% Vincardog May 2012 #4
It's not just income that determine the 1% for me 2pooped2pop May 2012 #5
Isn't that a you are or you aren't matter? Brooklyn Dame May 2012 #6
I disagree... Spazito May 2012 #8
Uber1%ers IMO lpbk2713 May 2012 #7
How is this even a question? Lawlbringer May 2012 #9
No. They are in a much smaller club than that riff raff. Ruby the Liberal May 2012 #10
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