so does that mean that the rest of us 293 million are bottom feeders?
2007-05-05 12:35:45 · 5 answers · asked by Anonymous in Society & Culture ➔ Cultures & Groups ➔ Other - Cultures & Groups
No, I think there are only 3 million households that have a net worth ( not counting a primary residence ) of US$1M and above.
If you consider a household as about 2.5 people, then your number is about correct.
An article I read some time ago said there were 200 million households in the US, not counting illegals, so with only 3 million households qualifying, all of us in the other 197 million households are bottom feeders.
Heck, give me a net worth of $500K or higher, & I will happily take the title of bottom feeder.
2007-05-05 12:42:16 · answer #1 · answered by InspectorBudget 7 · 1⤊ 0⤋
The rich are getting richer and the middle class has lost ground in overall standards of living. We "bottom feeders", the class left under the middle class have not kept up with inflation the past ten years.
2007-05-05 19:42:56 · answer #2 · answered by redd headd 7 · 1⤊ 0⤋
Perhaps. But a social Darwinist would say,then liquidate the rest,and let wealth reign. We would become a nation of millionaires,all with a mere gesture in the direction of what the masses euphemistically called genocide. Some call it cleaning up.
2007-05-05 19:40:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Apparently...But the good news is that there are bottom feeders and there are way down there, below the bottom feeders. And I doubt anyone here is one of them.
2007-05-05 19:39:30 · answer #4 · answered by fade_this_rally 7 · 0⤊ 0⤋
Not but that's where people are headed... The middle class group is supposedly diminishing.
2007-05-05 19:37:54 · answer #5 · answered by Anonymous · 0⤊ 1⤋