Are you in the middle class, upper middle class or among the richest top 1 percent?
Unbelievably, in 2004 when Al Gore dismissed George W. Bush’s plan for tax cuts as a benefit for the richest 1 percent, polls showed that 19 percent of Americans believed they were in that top 1 percent, and another 21 percent thought they would be there in the next 10 years.
Even at the height of the Depression, when a similar poll was taken, most people placed themselves in an economic status much higher than they actually were in.
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