In 2019 the Census Bureau said ~4.5 million had doctorates[1].  Out of ~300 million that is about 1.5%. That gets in the ballpark. A doctorate in philosophy or other liberal arts degrees is not likely to yield an individual income of $150k. Only ~8% of individuals earn $150k or more[2]. So between that and an appropriately chosen definition for "densely populated area" can yield a number close enough to ~1% for him to be able to say "elite 1%".

[1] https://www.census.gov/library/stories/2019/02/number-of-people-with-masters-and-phd-degrees-double-since-2000.html
[2] https://www.omnicalculator.com/finance/us-income-percentile

ok, so 4.5 million have doctorates.  But a masters degree is also a postgraduate degree.

After what happened with Twitter, I wouldn’t be surprised if the CIA/FBI have someone on the PoA management board.

Somehow I don't think even the mighty POA registers on the CIA/FBI radar screen.

I'm reminded of the scene between Tom Hanks and Meg Ryan early in the movie where Kathleen finds out that he was Joe Fox.

...
      case, and it was yours, and it is a
      charming little bookstore.  You probably
      sell $250,000 worth of book a year --

              KATHLEEN
      How do you know that?

              JOE
      I'm in the book business.

              KATHLEEN
      I'm in the book business --

              JOE
      Oh, I see, and we're the Price Club.
      Only instead of a ten-gallon can of olive
      oil for $3.99 that won't even fit into
      your kitchen cabinet, we're selling cheap
      books.  Me a spy.
         (beat)
      Absolutely.  And I managed to get my hands
      on a secret printout of the sales figures
      of a bookstore so inconsequential and yet
      full of its own virtue that I was instantly
      compelled to rush over and check it out
      for fear it would drive me out of business
      --

Aren’t lawyers covered under monkeys?

nope - let's not insult the monkeys

... In fact, it will get so bad the peasants will revolt against their "leaders".

doubtful.  (the revolt part is doubtful)

One problem with a large house is that there are so many more places to misplace things, um, I mean store things...

nice cover story...

;-)

If the President isn't immune, then all he has to do is pardon himself for any and all acts...

ok, not stupid enough to elect [sic] him again...

who are they stupid enough to vote for in the general?