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Scootaloo

(25,699 posts)
Fri Jun 29, 2012, 04:24 PM Jun 2012

The Surprising Truth about Income Inequality in America

Amber Waves of Green
Guess what, compatriots? The gap between the richest and the poorest among us is now wider than it has been since we all nose-dived into the Great Depression. So GQ sent Jon Ronson on a journey into the secret financial lives of six different people on the ladder, from a guy washing dishes for 200 bucks a week in Miami to a self-storage gazillionaire. What he found are some surprising truths about class, money, and making it in America
By Jon Ronson Photographs by James Mollison

As I drive along the Pacific Coast Highway into Malibu, I catch glimpses of incredible cliff-top mansions discreetly obscured from the road, which is littered with abandoned gas stations and run-down mini-marts. The offlce building I pull up to is quite drab and utilitarian. There are no ornaments on the conference-room shelves—just a bottle of hand sanitizer. An elderly, broad-shouldered man greets me. He's wearing jogging pants. They don't look expensive. His name is B. Wayne Hughes.

You almost definitely won't have heard of him. He hardly ever gives interviews. He only agreed to this one because—as his people explained to me—income disparity is a hugely important topic for him. They didn't explain how it was important, so I assumed he thought it was bad.

I approached Wayne, as he's known, for wholly mathematical reasons. I'd worked out that there are six degrees of economic separation between a guy making ten bucks an hour and a Forbes billionaire, if you multiply each person's income by five. So I decided to journey across America to meet one representative of each multiple. By connecting these income brackets to actual people, I hoped to understand how money shapes their lives—and the life of the country—at a moment when the gap between rich and poor is such a combustible issue. Everyone in this story, then, makes roughly five times more than the last person makes. There's a dishwasher in Miami with an unbelievably stressful life, some nice middle-class Iowans with quite difflcult lives, me with a perfectly fine if frequently anxiety-inducing life, a millionaire with an annoyingly happy life, a multimillionaire with a stunningly amazing life, and then, finally, at the summit, this great American eagle, Wayne, who tells me he's "pissed off" right now.

"I live my life paying my taxes and taking care of my responsibilities, and I'm a little surprised to find out that I'm an enemy of the state at this time in my life," he says.

Read More http://www.gq.com/news-politics/big-issues/201207/amber-waves-of-green-jon-ronson-gq-july-2012#ixzz1zDRgdPMH

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The Surprising Truth about Income Inequality in America (Original Post) Scootaloo Jun 2012 OP
"Wayne" isn't the problem. PSPS Jun 2012 #1

PSPS

(13,645 posts)
1. "Wayne" isn't the problem.
Fri Jun 29, 2012, 04:30 PM
Jun 2012

Sure, Wayne is a very rich guy. But his wealth is a mere tiny fraction of that commanded by any one of the top 400 families in the country. It is these few families at the very tip of the wealth scale that command everything in the country. The wealth at their disposal is so vast it's difficult to even comprehend.

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