3 ms·
Well, if standards of living are actually increasing across the board, like in the 60s, there's an argument to be made that the lower quintile is doing pretty w
by jbooth 16y ago
Well, if standards of living are actually increasing across the board, like in the 60s, there's an argument to be made that the lower quintile is doing pretty well. 20% will be in the lowest quintile in all cases.
But, real wages for the lower 80% have actually been falling since the 1980s. So they're not doing so great, actually.
- deleted 16y ago[deleted]