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Erich Bloodaxe BSN

(14,733 posts)
4. Are you 'the nation'? I'm not.
Thu Nov 26, 2015, 09:29 AM
Nov 2015

Even if America is 'the 1%' on average, many Americans still are not. People who talk about how 'Americans are the world's 1%' are like RWers calling themselves super-rich because they live in the same state as Bill Gates.

What would make more sense is a chart of how many of the world's 1% "live" in each nation. I say "live" because the 1% are generally not tied down to any one country. They may be a given nationality by birth, but they've got the money to be mobile. They're transnational.

Besides, the cost of living varies wildly around the world. A US dollar's worth of food in the US might feed you a cheap meal. In a third world country, it might feed you just as well (or as poorly) for a week or more.

Latest Discussions»Retired Forums»Socialist Progressives»Socialism will deprive us...»Reply #4