The issue with “the top 1%” term is that most people can name 100+ people, so it feels as though being in that group is attainable.

Especially when you realise that in the US, there would be ~3.3m 1%’ers.

The reality is that we should be focusing on the top 1% of the top 1% of the top 1% (~330 US individuals); the top 0.0001% - if you will.

They hold outsized political and economic power; you are not part of that group, you will never be part of that group, and they can/will squeeze you for every penny they can.