Watching working stiffs identify with oligarchs is the biggest con that’s even been perpetrated.Perhaps it is more accurate to state that 1 in 8 are millionaires.
I never defined "wealthy" or stated that 1M USD net worth equates to wealthy status. Wealthy is a subjective term. I simply stated that 1 in 12 are millionaires. Which more accurately is 1 in 8.33 if the percentage is 12%. I'm just repeating a stat I heard from what I considered a reliable source.
Regardless of your battle cries to take back this "real wealth" from the obscenely wealthy. The real solution to improve your situation is to become more skilled or work longer hours. A side hustle can turn into a primary source of income if you work hard and smart enough.
It is tiring watching the current generation with a generally poor work ethic think that the world owes them something. The world doesn't owe you a dime.
The barriers to entry for a working person to reach upper middle class have never been higher - and are increasing exponentially.
But sure keep blaming “work ethic” as opposed to greed, grift and monopolization.
We need a Teddy Roosevelt and yet we voted for even more Kleptocracy.
Eat the rich.