“ The relative struggles of the rich may elicit little sympathy from less well-off families who are dealing with the effects of the worst recession in a generation. But the change does raise several broader economic questions. Among them is whether harder times for the rich will ultimately benefit the middle class and the poor, given that the huge recent increase in top incomes coincided with slow income growth for almost every other group. In blunter terms, the question is whether the better metaphor for the economy is a rising tide that can lift all boats — or a zero-sum game.”
After a 30-Year Run, Rise of the Super-Rich Hits a Wall - NYTimes.com
It doesn’t elicit little sympathy from me, it elicits none whatsoever. If MacAfee can’t live on $4 million, he can get another job. Or, imagine this, he could change his lifestyle (and to be fair, he seems to be doing that) to make his money last longer.
Source: The New York Times