An Unfortunate Juxtaposition
Vanity Fair runs another one of those envious "the rich have too much
In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent.
It's the usual bit of limousine socialism from VF. That's not too surprising. But what I do love is the bit in the sidebar:
Err, how many of the people in that "A-List" crowd were from that evil 1%?
It's easy and relatively painless to be a wealthy socialist these days. You know that nobody's going to take us back to the days of 90% marginal tax rates; at the worst the Democrats might bump it up a couple percent. So why not be one of the "good" rich people; the ones who moan about the poor from their penthouse suites?