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not trying to disparage but this comment is wrongheaded in exactly the same way as the one i'm responding to. us workers don't live in subsaharan africa - so it
by mlevental 8y ago
not trying to disparage but this comment is wrongheaded in exactly the same way as the one i'm responding to. us workers don't live in subsaharan africa - so it doesn't matter if 30k is top 10% worldwide because we don't have global wage equilibrium. 30k for a single person is fine - you can eat and rent an apartment and probably drive a crappy car. it is not enough for a family, it is not enough to save for retirement, it is not enough to save for further education, and it is not enough to save for medical emergencies. it's not good enough.