That’s rich! Why so many wealthy Americans think they’re middle class

SALON
by David Sirota
December 21, 2014

By Treasury Secretary Jack Lew’s reckoning, being a millionaire does not constitute living high above the ranks of ordinary people. Lew said last week that back when he was in the private sector enjoying six- and seven-figure pay packages, “My own compensation was never in the stratosphere.” Lew made that pronouncement as he sought to defend President Barack Obama’s embattled Treasury undersecretary nominee Antonio Weiss from charges that as a financial executive, he is out of touch….READ MORE

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