Then myths are created to define what specifically is wealth and poverty. America is looked at as a wealthy country but only 1 percent of the American population holds 34 percent of the total national wealth (p. 151). This is a very small percentage of the American population. There are more people living in poverty in America than there are wealthy, middle class people. One in eight people in this country live below the official poverty line (p. 150). It is difficult to say that we live in a classless nation because there is explicit difference between the poor and the rich. About one-third of the American population lives at one extreme or the other. The gap between the rich and poor is tremendously growing, according to the book (152).
Wealth is often lumped