[lbo-talk] America IS the 1%?

Wojtek S wsoko52 at gmail.com
Mon Mar 26 07:39:59 PDT 2012


It is a bogus argument. It does not take into account vast differences in the costs of living. It is like using a carpenter's yardstick to claim that the dimensions of a precision instrument are within tolerance limits.

Wojtek

On Mon, Mar 26, 2012 at 10:19 AM, James Heartfield <Heartfield at blueyonder.co.uk> wrote:
> I don’t really agree with this, but it is interesting, all the same.
>
>
> America IS the 1%: You need just $34,000 annual income to be in the global elite... and HALF the world's richest people live in the U.S.
>
> Read more: http://www.dailymail.co.uk/news/article-2082385/We-1--You-need-34k-income-global-elite--half-worlds-richest-live-U-S.html#ixzz1qETt2dPI
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> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk

-- Wojtek http://wsokol.blogspot.com/



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