2 ms·
Understood. I am leery of the article because they're trying to conflate two studies, and statements like this: TFA: Things weren't much better for the middle
by jimmywanger 10y ago
Understood. I am leery of the article because they're trying to conflate two studies, and statements like this:
TFA: Things weren't much better for the middle class: Only about 20 percent of people in the middle fifth would rise into the top fifth over the course of their lives.
Isn't that expected? If you were to just randomly toss names into a hat, and pull out people who would be ranked on the order in which they got pulled out of the hat, wouldn't that be what statistics would say would be the case?
There are lies, damn lies, and statistics.
> As for living better than Aztec kings, that's too sweeping a claim. Aztec kings might not have been able to enjoy hot pockets or McDonalds, but they knew they were going to have dinner every night.
Anybody in the United States can scrounge one meal a day. It might not be the best food, and not to your liking, but it would be food none the less. The main thing that makes people feel poor is that other people have more than they do.