Thursday, January 19, 2012

Who are the 1 percent?


Who really makes up the so-called “1 percent”?

To the extremists of Occupy Wall Street, the nation’s wealthiest are all Wall Street vultures — hedge-fund managers and venture capitalists who make millions in a day by picking apart troubled companies and casting vulnerable workers aside.

The reality, according to a surprisingly eye-opening piece in the normally pro-OWS New York Times, is quite different.

The paper studied those with incomes in the top 1 percent of selected regions around the country.


0 comments: