There is a lot here about the interpretation of "savings account" and I agree that it is problematic. I have 10x as much in investment/checking as savings. However I don't think that fixing the semantic issues would change the overall issue: the distribution of wealth is even more skewed than the distribution of income. Most of this country would be utterly ruined if they got into a car crash and owed $10k to medical/repairs. And then there are people like most of HN (and me) who get paid ~$100k and save 20-60% of it and are not worried about that situation at all. It's not because we are better people or really that we deserve anything, we just have the right skills/opportunities at the right time. We are the few.
I was born into the wealthiest gender of the wealthiest race in the wealthiest nation and I happen to find working in one of the wealthiest industries to be not only easy but enjoyable. I have won the lottery. I have no idea what it would feel like to be at the other end of the spectrum, I just hope I don't forget how lucky I have been.
I was born into the wealthiest gender of the wealthiest race in the wealthiest nation and I happen to find working in one of the wealthiest industries to be not only easy but enjoyable. I have won the lottery. I have no idea what it would feel like to be at the other end of the spectrum, I just hope I don't forget how lucky I have been.
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