So are many of the anti-upper 1% Occupy Wall Streeter types… if you include the entire world in the equation:
In America, the top 1% earn more than $380,000 per year. In Australia, the top 3% of households earn more than $250,000 per week, according to the ABS. How much do you need to earn to be among the top 1% of the world? $34,000.
That was the finding World Bank economist Branko Milanovic presented in his 2010 book The Haves and the Have-Nots. Going down the distribution ladder may be just as surprising. To be in the top half of the globe, you need to earn just $1,225 a year. For the top 20%, it’s $5,000 per year. Enter the top 10% with $12,000 a year. To be included in the top 0.1% requires an annual income of $70,000
Point being, we’re awful damn lucky to be in America. Got a beef? Hey, who doesn’t? Organize and take it to the ballot box (preferably to not vote for the same people who perpetuate the problems you claim to be protesting). Camping in parks, sh*#tting on cop cars and demanding Marxist political systems that have been responsible for misery, death, disease, extreme poverty, oppression and squalor-a-plenty is certainly one way to live down to your signage and ensure you end up in the lower half of the 99% of the entire world.
(h/t Ace of Spades)