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"The poorest quantiles have become more wealthy over time as well, just at a slower rate." For the last two decades, your source actually says the opposite. Th
by dahauns 8y ago
"The poorest quantiles have become more wealthy over time as well, just at a slower rate."
For the last two decades, your source actually says the opposite.
The lowest three quintiles peaked in the dot-com bubble, with the bottom quintile losing the most (almost 10%) and only the middle quintile just recently reaching those levels again.
- Areading314 8y agoAgreed, I meant over time as in over the last century. Interesting that the 90s was this much of a peak though!