Sunday, September 19, 2010

So Who's Rich?

With tax policy debates showing that most (poorer) people are in favor of letting tax rates return to their Clinton era levels for people earning more than a quarter million yearly from work, The Takeaway asked listeners: What does it mean to be poor or rich in America?

Allan from Woonsocket, Rhode Island responded:
"I feel rich by knowing that rich or poor is a state of mind."

But is there a more concrete dividing line between feeling rich and feeling poor in our country, and if so... what is it?

Larry Samuel, the author of "Rich: The Rise and Fall of American Wealth Culture" says it's relative and not related to feeling happy.
Plutocrats & Politics
Audio Embed: PRI & WNYC's program The Takeaway 9/17/10,
Hosts: Celeste Headlee & John Hockenberry.


Young and Rich is the title cut from the second album by The Tubes (1976).