It all depends on the definitions of the words you are using.
Most people are poor at some time in life and well off in others.
Many people think of "the rich" as anybody making a few dollars more than them.
Regulation of business costs consumers and employees as much as the business owners, as the costs are simply passed on. Much regulation is useless and simply punitive.
Regulation and high taxes are what prevent many people from becoming well off.
To think otherwise is delusional.
“Most people are poor at some time in life and well off in others.”
Excellent post.
I have been both.
Being well off is so much more pleasant.
;-)
Exactly!