Tuesday, September 21, 2010

Even The Rich Aren't Rich

Some surprising findings on the economy from the latest McClatchy News/Ipsos poll:

http://media.mcclatchydc.com/smedia/2010/09/20/18/20100920_POLL_economy.large.prod_affiliate.91.jpg

Note that third question there: 45% of Americans say making $250,000 a year doesn't make you wealthy at all, despite the fact that this puts you in the top 5% of US households. Americans understand instinctively that the "true rich" are the folks pulling in millions, tens of millions, and hundreds of millions or more a year.

Once again, we also see the even split on extending the Bush tax cuts for the wealthy. The Republican meme that the wealthy are being crushed by taxation is taking hold, and this seems to indicate that the concern about fiscal responsibility doesn't apply to the rich at all, only cutting spending for the poor.

Also, nobody's buying that "recession was over in June 2009" crap either.  Democrats need to be damn careful about that.

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