It has been said (pre-recession, though I am not sure how much has changed) that many, if not a majority of Americans, consider themselves wealthy, which is why class-based politics "doesn't work". How can you propose tax increases on 1% of the population when 50% of the population believes they are in that 1%?
Many of those Americans don't live in NYC, DC, SF or LA, so maybe it makes sense that they felt (feel) this way.
I have a way to put it into perspective. Maybe this will convert one or two of the fifty to one hundred and fifty million people that need to be converted.
I have a client who spent $1 million on the A/V components insalled in his residence (oh and, of course, this is not his only residence, nor even his primary one). This person's net worth is reported at around $7.8 billion (he is NOT close to being the wealthiest person in America). Granted, that is not all cash, but still...
...spending that $1 million was the equivalent of...
... spending one cent out of $78...
or
... spending ten cents out of $780...
or
... spending $1 out of $7,800...
or
... spending $10 out of $78,000...
or
... spending $100 out of $780,000.
Even if you had $780,000 to your name and were to spend in proportion to the aforementioned person, you would just barely be able to buy a decent DVD player and a cable to hook it up to... your old TV.
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