3 ms·
Every time I look at trends in income distribution in the US, I don't see low income earners increasing. I see middle income earners moving up. If you have qu
by SamReidHughes 8y ago
Every time I look at trends in income distribution in the US, I don't see low income earners increasing. I see middle income earners moving up. If you have quantitative information that contradicts this, I'd like to see it.
Edit: I want to clarify that I don't see the same thing in California, where market restrictions have made the average joe poorer.
- aidenn0 8y agoMiddle earners are at best holding steady in the US. Inflation doesn't always capture the full picture since inelastic goods (housing, healthcare, education &c.) are taking up a larger fraction of the paycheck. The top 10% are doing fairly well, the top 1% doing better and the top 0.1% are making out like bandits. I don't have a good solution, but the current state of affairs is unsustainable.
- SamReidHughes 8y agoThe number of middle earners is decreasing because some of them are moving into high earners.