The Haves vs the Have-It-Alls

http://www.nationofchange.org/2014/12/10/haves-vs-alls/


No doubt you’ll be saddened to learn that the divide between the haves and the have-it-alls is widening. Maybe they should come to the next rally to raise the minimum wage to see what inequality is really about.

In the spirit of holiday harmony and goodwill toward all, I say it’s time for you working stiffs to extend your hands in a gesture of solidarity with America’s millionaires.

Why? Because we now share a common cause: inequality.

You don’t hear much about it, but millionaires are suffering a wealth gap, too. And it’s having a depressing impact on both their level of consumption and their psychological well-being.

While it’s true that millionaires are still full members of the 1-percent club, that generalization overlooks the painful fact that mere millionaires today are ranked as “lesser 1-percenters.”

They don’t dwell in the same ZIP codes as the über-rich few, who constitute the uppermost one-hundredth of the 1-percenters. Their wealth starts in the hundreds of millions and spirals up into the billions.