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master_crab 10 hours ago

Yup, only the rich are powering this economy now. That bodes poorly for the country’s stability long term.

refurb 8 hours ago | parent | next [-]

Top 10% is a household making more than $191k so a couple making $95k each.

Rich indeed!

JumpCrisscross 7 hours ago | parent [-]

Generally speaking, the rich is anyone who makes slightly more than you.

refurb 5 hours ago | parent [-]

It's like the saying about alcoholics - "an alcoholic is anyone who drinks 1 more drink than you".

almosthere 10 hours ago | parent | prev [-]

can also look at it as an opportunity to gather friends and start a small drywall company. Those are in demand, for example. The rich are building more buildings than ever. If you live in the bay area, you can very well see 300k / year if you keep yourself busy.

estearum 9 hours ago | parent [-]

Then if you're successful, you can sell it to a PE firm where it will further buoy the rich!

Can't see how this positive feedback loop gets us to a bad place at all!