Thanks for asking: I think my math is correct but not certain!
I based this on a graphic that was circulating around 2014.
IF the numbers are correct then the percentages are extrapolated from those.
IF these were accurate in 2014 I would think the numbers still hold true today.
The graphic was originally produced by https://whorulesamerica.ucsc.edu/ which is run by a leftist sociology professor at University of California Santa Cruz. That said most of what they produce is well researched and sourced but we all know how things can be tilted.
Finally I found in my own research (yikes) this interesting link that tracks the DAILY wealth of every member of Congress. How they do it and how accurate the information is is a mystery but it is interesting! You can actually click on a member and see what they hold and what assets the have. I plan on revising my statistics when I have time to dig into them. https://www.quiverquant.com/congress-live-net-worth/
Most Congress members are older and come from professional backgrounds. The 40% in the upper 2-10% were making salaries similar to engineers, doctors, lawyers, accountants and other salaried professionals.
Additionally, most of them are forced to maintain two homes because moving their families to DC now means that they're "out of touch with their constituents". When I was a child growing up in Bethesda, MD, the congressmen (they were all men back then) who lived in my neighborhood all lived with their families because weekly flights between DC and the west were not feasible.
Elon Musk and the other oligarchs are an easy target to take out our Orwellian 2 minutes of hate.
But have you ever looked closely at our Congress?
42% of members are in the upper 1% of wealth holders (minimum worth of 13.6 Million and above)
40% fall in the upper 2-10% (1.94 million and above)
11% fall in the 11-20% (558K and above)
7% fall in the lower 80%.
82% of the men and women making economic policy (and investment decisions) are in the upper 10% of wealth holders.
This is bipartisan reality--- in this world Lauren Boebert and AOC are pretty much equally "poor."
Interesting. Source, please?
Thanks for asking: I think my math is correct but not certain!
I based this on a graphic that was circulating around 2014.
IF the numbers are correct then the percentages are extrapolated from those.
IF these were accurate in 2014 I would think the numbers still hold true today.
The graphic was originally produced by https://whorulesamerica.ucsc.edu/ which is run by a leftist sociology professor at University of California Santa Cruz. That said most of what they produce is well researched and sourced but we all know how things can be tilted.
The only place I find the graphic today is on Facebook, some random blogs and Moveon.org (big caution there!) https://front.moveon.org/how-many-millionaires-directly-create-our-laws/
Finally I found in my own research (yikes) this interesting link that tracks the DAILY wealth of every member of Congress. How they do it and how accurate the information is is a mystery but it is interesting! You can actually click on a member and see what they hold and what assets the have. I plan on revising my statistics when I have time to dig into them. https://www.quiverquant.com/congress-live-net-worth/
Happy Holidays!
Most Congress members are older and come from professional backgrounds. The 40% in the upper 2-10% were making salaries similar to engineers, doctors, lawyers, accountants and other salaried professionals.
Additionally, most of them are forced to maintain two homes because moving their families to DC now means that they're "out of touch with their constituents". When I was a child growing up in Bethesda, MD, the congressmen (they were all men back then) who lived in my neighborhood all lived with their families because weekly flights between DC and the west were not feasible.
Underpaying people in power leads to corruption.