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This comment seems pedantic, disingenuous, and perhaps misleading all at once. By the average American I meant "a typical American," which is admittedly a murk
by apatters 8y ago
This comment seems pedantic, disingenuous, and perhaps misleading all at once.
By the average American I meant "a typical American," which is admittedly a murky term, but I doubt most people would take this to mean the literal mathematical average.
I'm a little surprised to see that the median wealth per adult in the US is $55K. It sounds high. Does the Credit Suisse report the Wikipedia article is based on define wealth to mean actual net worth, as in assets minus liabilities?
I think the average American household has around $100K in debt. You can lawyer those words all you want, none of it will change the fact that ordinary people have a lot less money than Elon, and are hit harder by a traffic ticket than he is by this fine.
I think that when you made this reply you weren't making a good faith effort to understand my point. Cherry-picked pedantry of this sort doesn't advance the discussion of the larger issues.