If you've been avoiding the news, here's a quick run-down of what's been going on. People gathered in Zucotti Park in NYC in the Wall Street area, and called their movement "Occupy Wall Street." They adopted the motto "We are the 99%." This was meant to point out income inequality in the United States. (
If you're interested, in terms of income equality, we come in 93rd of 134 countries studied, behind Iran and China, among others.)
There's
a tumblr site named We are the 99 Percent showing people's individual stories. Although there is variety, the overwhelming majority were people who were out of work and buried in debt.
In response, a guy named Erick Ericksonn started one called "We are the 53%," and it has a singular message with some variety as well: Quit whining. What I find most interesting about the site is how many sad stories are there, too -- bankruptcies, debt, medical bills, disability, unemployment... The idea is that these people are the ones in the 53% of Americans who pay Federal taxes, but if their stories are true, many of them simply couldn't make enough money to be in that group.
So... someone created this other one called "
Actually, you're the 47%." It's meant to be humorous, and it's a little cutting, but I like it.
One picture that's gotten a lot of play on Facebook is a girl who worked her way through college and is broke now, but doesn't blame Wall Street for her problems. Whoever writes the tumblr wrote that (s)he wasn't sure she understood what the 99% means, and also that her "broke ass" is not in the 53%.
For reference, I also like this one:
We are the one percent. If you don't follow the link, it's mostly young people who are wealthy for various reasons (most inherited money) who stand with the 99%
Which brings me to... just where the heck am I? Well, I'm really comfortable. If I had a large-ish piece of paper to hold in front of my face, it would have to include that my parents were middle class, but my mom mostly raised me as a single mom on a county worker's salary. We didn't have absolutely everything, but we had what we needed. My parents both saved for my college, and so I have no student loan debt. (I did go to a less-expensive state school.) I worked hard, but I also lucked into a lot of things. I made some good decisions with some good guidance, like saving for retirement, buying a home, and never getting into credit card debt. Now, my family and I are comfortable: if we want to take friends out to dinner, buy some designer shoes (on sale), or get an iPad, we can. We have medical, dental, vision, a new car, a medium-sized house in a safe, comfortable neighborhood, and the ability to do fun stuff periodically. I feel really comfortable, and I want for nothing.
BUT.
I don't want to be in the one percent. It's not a jealousy issue. And I'm not personally some unemployed hippie pothead. I think that anyone who has a liberal arts degree and refuses to do a job that's "beneath" them like slinging coffee is probably a whiner, too. As a household, we're exactly halfway between the poverty line and the Bush tax cut line. We're more than $200,000 away from the 1%. I certainly do pay Federal taxes, and I've really never complained about that. I use parks, roads, schools, libraries -- and if my house catches on fire, I'm calling 9-1-1. Actually, I can't help but wonder how many who identify as the 53% were also Tea Partiers. The 53% seem to be saying "I pay taxes and I'm proud of it. Keep taxing me!" Whereas the Tea Party, of course, thinks taxes are unfair and of the devil. There's a real mixed message in there somewhere.
But it doesn't really matter if you WANT to be identified with the 99% or not, because unless you make more than $350,000 a year, you ARE. And how you feel about the Puritan work ethic, college vs. trade school, how hard or how easy you've had it, and what your views are on universal health care all don't matter. Because you have very little power. And THAT'S the point of the 99%.
Who can hire lobbyists? The 1%. Who can make large donations to political campaigns? The 1%. Who can golf at the private club with their senator? The 1%. Who can now, because of the Citizens United decision, use their company's money to make ginormous political donations? The 1%. Who can decide not to take their whole income (avoiding income tax) and just be taxed at the lower capital gains rate? Not me. Who can buy a piece of art for $4,000, wait a couple years, have it appraised by their art dealer friend at $40,000, then donate it and write off the donation? Yeah, not uncle Joe who's living on disability. They have the power to create more wealth, they have the power to influence policy that helps them create more wealth, they have the power to protect their wealth better than the 99%, and let's be honest, they have the power to create the policies themselves, as
your senators are largely in the 1% as well.
My political power is as follows: I have one vote. I have my senators and representatives on speed dial and I can leave them a voice mail. I can sign online petitions. I can write this blog. I can talk to others. Let me know if there's anything I missed.
And the people on the opposite side of this argument are always saying that people who work hard should be rewarded. CEO salary in the U.S. is over 300 times what the average worker's salary is. So be honest: Do you think that CEO works harder all day than the worker? 300 times harder? Does he work harder than the kids on those tumblr sites that work 70 hours a week of hard labor?
Perhaps the people occupying Wall Street (and 1,923 other cities!) would benefit from having a clearer message or a set of defined demands, but I'm happy they're there. I think it's finally time someone was getting some attention besides the kooks in tricorn hats who seem to believe that CEOs shouldn't get taxed at all.
Our level of income inequality is staggering. Unemployment is high. The "job creators" haven't. Student debt is going up as tuition goes up. Our level of economic mobility is the lowest it's been in years, and isn't that the whole American Dream? That you can become anything? That you can live a better life than your parents?
Sure, I'm personally doing fine. But that doesn't mean I can look around and say that our system is working. It isn't. I teach students living in poverty who have worked hard and gotten good grades. Many go to state schools to save money, but even they will rack up student debt. And will there be jobs available for them in four years? I tell them yes. I tell them that there are always jobs for people who work hard and really try. But I don't know if it's true.
That's why I'm the 99%. That, and the fact that I make less than $350,000 a year. Which means whether you stand with them or not, whether you affiliate with a political party or not, and whether you pay Federal taxes or not, you are probably the 99% too. Just, you know, statistically speaking.