Rich, Poor conflict strongest in 24 years (The Associated Press 1/12/12). The Associated Press article says “Americans now see more social conflict over wealth inequality… .” About three in 10 Americans polled said there are “very strong” conflicts between the rich and the poor. The share of U.S. wealth held by the top 10% of the population increased from 49% in 2005 to 56% in 2009. Id.
The United States government considers wealthy as having a household income that exceeds $250,000. Although this is a significant income, wealthy is a relative concept. The breadwinners of a family making $250,500 in an expensive area of a major city with typical family overhead most likely do not consider themselves wealthy. But this family is wealthy compared to a family living on under $30,000 a year which is close to the official poverty level.
One should not feel guilty about making a good income; one should not feel guilty about being fortunate; but one should remember how tough it is for those who must live on a minimum income:
-Give dignity by showing respect for others regardless of their income level.
-Give to charitable causes that help those less fortunate.
-Refrain from flaunting wealth.
-Remember it is not what is outside the person that counts it is what is inside.
-Remember we are all in this together.
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You’ve got great insights about wealth, income, rich and poor. Keep up the good work!