The top one percent controls approximately half our nation’s wealth, yet they only control (directly) one percent of the vote. How does the top one percent ensure that elected politicians look out for their interests and not the interests of the other 99%?
One clue can be found in the words of conservative New York Times columnist David Brooks. In 2002, he wrote:
My favorite polling result of the 2000 election was a Time magazine survey that revealed that 19 percent of Americans believe that they have incomes in the top 1 percent, and a further 20 percent believe they will someday. A large majority of us regard ourselves as pretty far above average.
With 39% of Americans thinking that they’re either in the top one percent or they’re going to be there one day, we now understand that when a Democrat talks about the top one percent, 61% of the electorate tunes him out.
The top one percent has managed to convince an additional 38% of the electorate that they’re part of the elite club. How did they manage to do this? It must be brainwashing.
People need to be educated that if they are not currently part of the top one percent, and their parents aren’t part of the top one percent, then the chances of them reaching the top one percent are pretty slim—probably less than one percent.