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November 09, 2011

Occupier, Heal Thyself

Tim Blair picked up on something that's been bugging me about the Occupods ever since the story of the stolen $5,500 MacBook.

The recent Occupy Wall Street protests (and their Occupy Sydney and Occupy Melbourne cousins) have aimed their message at the income disparity between the 1% richest and the rest of the country. But what happens when you expand that and look at the 1% richest of the entire world?

How much do you need to earn to be among the top 1% ?

$34,000.

U.S. median household income (2009): $50,221

U.S. poverty threshold (family of four, 2009): $21,756

Being poor in the U.S. looks pretty damned good to the vast majority of the world's population (as is self-evident by the issues along our southern border). And the middle is downright rich by comparison. The self-anointed 99% would do well to get over themselves.

(h/t Slublog)


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posted by Andy at 07:50 AM

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