United States

The 1 percenters

What does it mean when someone says the 1 Percenters? The 1 percenters are basically the people who own it all. The people who can do without thinking. The 1 percenters are the richest people in the world. There has been a huge difference of how much money they are worth. The richer are becoming richer, the poor are becoming poorer, and the middle class is disappearing. The 1 percenters are evil and are seen as if they are untouchable.

There has been a huge difference in the amount of money the richest people own dramatic changes. The richest person in the world known as Bill Gates with his net worth of 85 Billion dollars. During the latest times when people who owed money controlled basically whatever they wanted. The top 1% of Americans pocketed 85% of total income growth. So what does it take to be part of that 1%? On a national basis, in 2013 you needed a minimum household income of $389,436 to join the club. But the threshold is a lot higher in certain East Coast locales, such as Connecticut ($659,979), Washington, D.C. ($554,719) and New Jersey ($547,737). The cut off for the 1% is even higher in certain standard metropolitan areas known as refuges for the rich. In the Jackson, Wyoming-Idaho ski resort area the cut-off for the 1% is an impressive $1.65 million. In Bridgeport-Stamford-Norwalk, Connecticut it’s $1.39 million and in Summit Park, Utah the minimum income to be a one percenter is $1.21 million. When it was later down into the time people owed money were worth billions of more money then the people today. Most of the richest people were worth over 100billion dollars when the richest man on earth today is only worth 86 billion. “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” ― Warren Buffett. This quote is stating that the 1 percenters are in war with the other classes the middle class and the poor class. The 1 percenters or the rich class are wanting to be in war with the other classes to be able to control everything. To have power over the other classes and basically let them be more untouchable. The 1 percenters have always stated that they have no responsibilities in anything saying they can get away with anything they really want. The 1 percenters want control of the other classes push everyone out and let them have control of it all just like in the 1860’s-1920’s. Back in the time of the 1860’s and the 1920’s the 1 percenters had all the power they held most of the people’s money. Making the middle class disappear and the poor class to grow. The 1 percenters had control of everything and they got away with doing whatever they wanted. They controlled the government and put their own work and businesses into the white house. The 1 percenters have changed from then and now but they all fall into the category of wanting to push the middle class out and for the 1 percenters to gain more money and more control.

The 1 percenters are evil wanting to be in a war with the other classes to push them out to gain more control and have more money. The 1 percenters had way more money before in the late 1800’s and the early 1900’s. They had more control of what they wanted to do and they were able to do anything without thinking. They want to be back in power and making their own rules to run the other people who don’t fall into the category of being 1 percenters.

Article by Danny De La Cruz

Work Cited page:

https://www.forbes.com/sites/laurengensler/2016/06/16/one-percent-by-state-income-inequality/#13b47f1abe3a

https://www.forbes.com/forbes-400/list/9/#version:static

https://www.goodreads.com/quotes/tag/the-one-percent

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