If you belong to the 'non-laboring class' you are by definition the ultra wealthy. It's wild how much people are willing to slide goalposts to make themselves feel better.
replyIt hurts the definition of the words when you use ultra wealthy to refer to the top 50%...
replyYou think 50% of people don't labor?
replyWhile about 50% to 60% of the adult U.S. population are active W-2 wage earners at any given time, the percentage that relies on labor exclusively (meaning they have zero capital income or assets to fall back on) sits right around 40% to 50% of working households.
reply> 40% to 50% of working households
replyNot people then.
Are you arguing that the other people in a household are laboring, or do you think they're counting pets?
replyUltra wealthy literally means "beyond wealthy". A double digit percentage of the population, maybe 30-50% belong to the non-laboring class.
replyIf I was talking about "ultra obese" people, you wouldn't assume I was talking about everybody who has a couple of extra pounds?