3 ms·

>Trump’s 17 cabinet-level picks have more money than a third of American households combined http://qz.com/862412/trumps-16-cabinet-level-picks-have-more-money

• lappa 10y ago
  I have more money than every person in the US who has $0 to their name combined. This metric isn't useful for anything other than shocking headlines.
  • lucasmullens 10y ago
    Could whoever downvoted this explain why this is wrong? This seems like a great point. From the main article "The report also notes that 37 percent of U.S. families have no retirement wealth at all." So I could claim "100 McDonald's employees have as much retirement savings as 104M Americans". That doesn't really say much.
    • danielvf 10y ago
      Yes, the grandparent post is being unfairly downvoted. It's an entirely valid criticism of the meaninglessness of a sensational headline.
  • sytelus 10y ago
    This is a good observation. If you zoom in the power law, it still remains power law :). Average american probably has more wealth than bottom million Americans combined.
  • actuallyalys 10y ago
    Fair point, although "37 percent of households have no retirement savings" is still a pretty shocking headline.
• mzw_mzw 10y ago
  And in 2004, the Democratic Party ran a billionaire for President. Whoopie-doo.