The bottom 1% we rarely talk about
America spends an extraordinary amount of time debating the top 1% — the billionaires, corporate CEOs and hedge fund managers — and the widening gap between the rich and everyone else. It is an important conversation in a nation that prizes both opportunity and free enterprise. But there is another 1% we talk about far too little. Not the poor. Not the single mother working two jobs. Not the veteran struggling to find his footing. Not the family living paycheck to paycheck. Poverty is not a moral failing, and millions of Americans with modest means are among our country’s ...