October 27, 2011
Another 1%
Here's a thought that cold make a few heads explode down at the OWS camp on Wall Street and it's sister tent cities around the country.
No matter what you do, there will always be a 1%.
If you taxed away the income of the current 1% to a level where they were what they were pocketing was equal to the national median income, you would have successfully made them part of your group. Part of the 99%.
But guess what. There will be a whole new crop of people who become the new 1%. They won't have as much money to steal as the old 1% but they will be there at the top of the income ladder. Ready for you to attack.
And if you succeed in taking down that 1% there will new crop ripe for the picking.
And here's the real kick in the ass. If you keep it up long enough eventually you will become the 1%. I suspect you'll be banging a different drum by then.
Posted by: Stephen Macklin at 11:43 AM | No Comments | Add Comment
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