DEFINITION: WHO ARE MILLIONAIRES

The old white haired man ran to the front porch and yelling repeatedly, “Eureka! I’m a millionaire. I’m a millionaire.”  Sorry old man, you are not a millionaire for several reasons.

The first you added up the price of your house, your car, your Social Security account, your IRA account and it was before George W. Bush’s, following the lead of Reagan voodoo economics, crashed the economy. The second reason is that the definition of being a millionaire has changed. In the past, the word had always applied to total worth, which is what this “poor” fellow did.  How can being a millionaire be something special if everyone is the same?  Being a millionaire is old hat, not important, gives you no special notoriety.

The new definition sheds all that baggage and restores the word back to what it should mean, of course, what it should mean is what the rich want it to mean. You are only a millionaire if you earn $1,000,000 or more a year.

All I can say to the white haired old man, who worked all of his life for what he owns, go back as set in your porcelain bathtub. You may have been a millionaire, but not anymore.