We’ve all heard it. That damned One Percent. If only they would share their wealth! If only the One Percent would pay their fair share! How dare the One Percent take away from me and mine!
The outrage is real, but what’s behind it?
The short answer is, greed. It’s more than that, though. There’s a sense of entitlement we build up for various reasons, and we, as Americans, have certain expectations. Someone, somewhere, told us that we deserve to own a house by the time we’re 30. Someone said that we ought to have a car by age 25. Someone implied that we should be able to afford lavish vacations by age 50. The list goes on.
This elusive “someone” goes right back to the media, in my very strong opinion. Television shows and movies highlight the people who are exceptions to all the rules. That’s just film, after all. None of us are interested in seeing boring stuff on tv, right? You go to television (and books and such) to read about the extraordinary, the strange, the unusual. But when it’s force fed to us on a regular basis, it can seem like each of us, ALL of us, should have those things.
The bottom line is, not all of us can afford to own our own homes. Not everyone can afford a car. Not everyone can afford to have one parent stay home and watch the kids. Not everyone can afford expensive medical care. It is (in some cases) a sad state of affairs, but it is the way of the world.
The basic status of human beings is poverty. While we’re working on “extreme poverty” around the world (defined as not having the basic human needs of water, shelter, food met), basically about half the world population lives in poverty. It should be noted, however, that 90% of those who live in the worst poverty tend to live in African and Asian countries (World Poverty Statistics 2024 | Social Income. https://socialincome.org/en/int. Accessed 2 Dec. 2024.). In America, we consider a person to be living in poverty if they’re bringing home (before taxes) $14,580 a year (or roughly $40 per day). Elsewhere in the world, “poverty” is defined as bringing home less than about $7 a day (“Overview.” World Bank, https://www.worldbank.org/en/topic/poverty/overview. Accessed 2 Dec. 2024.).