More Than 1 Percent

By Bill Maher

It’s very easy to scapegoat the top 1 percent politically, because there aren’t that many people in the top 1 percent. The harder thing to do is acknowledge the reality that the problem is the top 20 percent. There’s been a huge separation in recent years of the upper middle class from the rest of society, and the first step is getting people to admit they’re in the upper middle class.  

As The Brookings Institution noted recently, over a third of the May Day “Occupy” marchers in 2011 made over $100,000. This is Bernie Sanders’ base: rich white liberals. The first step to change is for them to acknowledge that the 20 percent are going to have to give up a lot if we really want to do something about wealth inequality – not just the 1 percent.