And this whole protest thing got the Wall Street Journal to come up with a crazy simple calculator that shows you what % you’re actually in among the country’s population. And I’ll give you a hint, you’re probably NOT in the top 1%, haha… unless you’re making $500,000+/year? (And if so, can we be besties??)
Now mind you, this has nothing to do with WEALTH or NET WORTH or anything like that – just income. Here’s a snippet from the WSJ on what this Wall Street’s stuff’s apparently about (in case you’re just as clueless as I am… though I can’t promise this will make it clearer for you):
According to the protesters’ unofficial website, “Occupy Wall Street” is a leaderless movement of people from many different backgrounds. “The one thing we all have in common is that we are the 99% that will no longer tolerate the greed and corruption of the 1%,” the website says. A related site called We Are the 99% records stories from people around the country.
So I guess if any of you would like to share a story, go to that site above ;) I think I need to understand all this a bit more before I can go joining these leaderless ranks out there – I usually don’t do too well with extreme beliefs on one side or the other anyways. Maybe if the gov’t started telling everyone to stop saving and budgeting I’d stand up and say my peace then? I know THAT would piss me off pretty well! For now, though, I’ll just continue sitting on the sidelines unless one of you can convince me otherwise ;) And I’m pretty sure we’ve got some PRO Occupyers up in here too?
Either way, check out that calculator and tell us what % YOU’RE in! You literally just have to type in your total household income to get it – it’s pretty fancy ;) We’re in the 76% with our total income around $90,000. Down from 83% a few years ago (when the wifey and I were both working full-time). Your turn! There are no right or wrong answers here, it’s not a test :)
PS: Thanks to MSN for passing this through my eyeballs…
PPS: So far THIS is the best article I’ve now read on O.W.S. Huge thanks to Chrysilla for point it out. Lots of pretty pictures and stats simply portrayed – exactly what I was needing :) (Though it still doesn’t convince me one way or the other on where I stand – just proof we have some big issues!)
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!