> Brian wrote: > Uh......and this is a revelation why? I'd bet big $$$ that if you were > loaded, in the top 1%, you'd think things were goin' pretty well too. >
Well, you don't have to be too "loaded" to be in the top 1%. I think it's like $200,000 per year. The top 1/2% is like $350k. That may sound like a lot of money, but as you make more money you're probably spending more too. For example, instead of having a $1000 house payment you have a $3000 house payment. Instead of having a $300 car payment, you have a $1000 car payment. That is, your extra cash per month probably doesn't change much. It's the very rare person that doesn't spend their raises. (We try to live on only one income) Here's the thing: those that make >$200k per year are probably seeing all kinds of opportunities. They probably got a new job within the last year or two, are making much more than they were before, and probably can easily see a promotion track. Those that make $100k per year or less have probably seen layoffs for themselves or their friends/family and are worried about their job. Add to that their rising cost of living. Think airline and auto workers here. Those that can leave the industry, are. So the revelation is that: 1.) I wouldn't say you're "loaded" unless you're net worth is > $11M. 2.) Even $350k per year is a LONG way from that especially if you're a spender. 3.) Those making that $350, however, are probably seeing a lot of opportunity. 4.) Those making $100 or less are probably a bit worried about their job if not the cost of living. Conclusion: A great percentage of the economy's bounty is going to rich folks thus accounting for an economy that looks good on paper but doesn't poll well. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:179813 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
