Posted 4 years ago on Dec. 10, 2011, 2:42 p.m. EST by slimtae
This content is user submitted and not an official statement
Here is quote from the home page of this website describing the goal and purpose of the OWS movement: "....aims to fight back against the richest 1% of people...."
My only problem with this emerges when you consider the following question....who are the top 1%? How much do you need to make in one year to be in the top 1%? I've read several sources and there is some conflicting reports on this figure but it appears to be somewhere in the vicinity of $350,000-$500,000 a year, give or take. This is a large figure for sure but hardly a number one might associate with someone who is a mover of industry. This range, in my opinion, encompasses the income of many people who have done very well in their lives through hard work, ability, and motivation. A successful physician, or perhaps a thriving small business owner might fit this bill. People like them are not the ones who caused the financial meltdown. We might be talking about a 50 year old physician who has a successful practice, but one who spent most of his or her young adult life going to school, training, working 90+ hours a week, and financing their education by taking out school loans the size of a small mortgage. Most owners of a successful small business are savvy individuals, work extremely hard, and are motivated....I would say these people have earned whatever comfortable life they managed to put together for themselves.
And yet these are the very people that are being lumped in with the "top" 1% that are responsible for...what? The onset of the current recession? The real estate market crash? Is there no room in the eyes of OWS protestors for an individual to achieve success and some level of wealth through hard work, intelligence, and perseverance....without being penalized for benefiting from a corrupt system? How can anyone generalize and claim that everyone in this coveted "top 1%" do not deserve where they are in life? Is it not possible that someone could get there without resorting to foul play and taking advantage of a corrupt system? Not possible at all?
If the goal of OWS is to rally against those forces responsible for financial and political corruption, the target should not be the "top 1%", because that 1% encompasses many people who have gotten there through fair play and hard work.