case: (Default)
Case ([personal profile] case) wrote in [community profile] fandomsecrets2017-04-12 06:31 pm

[ SECRET POST #3752 ]


⌈ Secret Post #3752 ⌋

Warning: Some secrets are NOT worksafe and may contain SPOILERS.

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Notes:

Secrets Left to Post: 01 pages, 16 secrets from Secret Submission Post #536.
Secrets Not Posted: [ 0 - broken links ], [ 0 - not!secrets ], [ 0 - not!fandom ], [ 0 - too big ], [ 0 - repeat ].
Current Secret Submissions Post: here.
Suggestions, comments, and concerns should go here.

Re: Random pedantic gripe

(Anonymous) 2017-04-13 01:18 am (UTC)(link)
This is based on a basic misunderstanding of where "The 1%" comes from. It has very little to do with how many billionaires there are in the US, and exists solely as a metric to point out the widening divide between the haves and the have-nots.

So, for example, in 2013, the average annual salary of the top 1% of earners in the US was 25 times that of the other 99% and the minimum cut-off was $389,436. That's a national average. It takes a lot more $$ to be in the 1% in San Francisco than it does in Fort Dodge.

But these days, when people in the US are talking about one-percenters, they're usually referring to the top 1% of the top 1%, so 0.01%. The income cut-off for that one in 2013 was $8.32 million.

And, to throw another wrench in the works, in an international forum, the top 1% usually refers to the claim that 1% of the world's population owns 99% of world's wealth. I don't know where the math for that comes from; I heard it from Oxfam.

Re: Random pedantic gripe

(Anonymous) 2017-04-13 01:33 am (UTC)(link)
"But these days, when people in the US are talking about one-percenters, they're usually referring to the top 1% of the top 1%'
Yes. That's what I am griping about when it comes to talking about people buying politics

Re: Random pedantic gripe

(Anonymous) 2017-04-13 02:22 am (UTC)(link)
So if they said "point zero one percenters" or "the top one percent of the top one percent" instead of just assuming that people could extrapolate their meaning from context, you'd be happy? You're right about that being ridiculously pedantic.

Re: Random pedantic gripe

(Anonymous) 2017-04-13 04:32 am (UTC)(link)
Yes when the population difference is millions of people
You are funny to be surprised by pedantic in a thread with a subject line that says it is pedantic griping

Re: Random pedantic gripe

(Anonymous) 2017-04-13 12:37 pm (UTC)(link)
Life must be difficult when you expect people to speak literally and never use shorthand to describe complex situations. I'm guessing people don't like speaking with you very much. I'm not surprised. Im just very sorry for you.