[bstrand]

I take your point, but "The 1%" she is not. At least, not unless she happens to have a net worth of ~$9M, which is the floor for 1%erdom in the U.S.

Nor are most "techies", even if they are fortunate enough to be an exception to the downward trend in real wages (for the moment.)

[arkades]

The floor is more like 370k$.

http://en.wikipedia.org/wiki/File:Distribution_of_Annual_Hou...

http://money.cnn.com/2012/11/20/news/economy/top-1-percent/i...

[chunky1994]

bstrand mentioned net worth, not annual income.

http://economix.blogs.nytimes.com/2012/01/17/measuring-the-t...

The linked article, states a floor of $8.4 million, which is ~ $9 million.

[001sky]

To further the point, $370k is like ~5pc of 8-9 million. Which is to say that if you are <working> for wages, even at 370k your not that well off. If you had $9mm in the bank/investment portofolio, you wouldn't be "working", you'd be counting your passive investment income of ~$370k.