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To: 1010RD

Conflation of wealth and income.


6 posted on 12/22/2011 6:02:43 AM PST by Paladin2
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To: Paladin2

“After the senators came the equestrians. Originally the Roman army’s cavalry, they evolved into a commercial class after senators were banned from business deals in 218 B.C. An equestrian’s holdings were worth on average about HS600,000, and he earned an average of HS40,000 per year. The decuriones, or city councilmen, occupied the step below the equestrians. They earning about HS9,000 per year and held assets of around HS150,000. Other miscellaneous wealthy people drew incomes and held fortunes of about the same amount as the decuriones. “

I am trying to picture someone with a net worth of $150k, on an income of $9k.

All I can come up with a retiree on SS, who owns their house free & clear.


14 posted on 12/22/2011 6:57:06 AM PST by patton ("Je pense donc je suis," - My Horse.)
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