Radio Times

What and who is rich?

January 6, 2011


Hour 2

The recent debate over the extension of Bush-era tax cuts to those making over $250,000 — which is just two percent of the population — raised a lot of questions about the definition of “rich.” Some argued that an income of $250,000 makes a family wealthy, while others said those families qualified as “middle class.”¬†¬† Who is rich in America these days, how do they behave and what separates the truly wealthy from those that are simply rich?¬†¬† We’ll attempt to define what “rich”¬† is with the help of Wall Street Journal writer ROBERT FRANK, who writes the WSJ’s “Wealth Report” blog, and psychologist TED KLONTZ.

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