Summary List Placement

Once again, the “who’s really rich?” conversation has reared its head.

It was kicked off over the weekend by MSNBC’s Stephanie Ruhle, who said many people who make $500,000 or more in income don’t consider themselves rich — a claim that is true, in my experience. After all, a few hundred thousand dollars isn’t a lot of money after you’ve spent it.

Journalist Matt Zeitlin can’t believe we’re still doing this, arguing over whether making a half-million dollars — higher than 98% of American families’ incomes — makes you rich, as President Biden proposes to details ⇒

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