3 ms·
Correct me if I'm wrong, but is he trying to say that if a lower-to-middle-class person now makes $10K more than his parents (who made $40k combined), that some
by TimJYoung 8y ago
Correct me if I'm wrong, but is he trying to say that if a lower-to-middle-class person now makes $10K more than his parents (who made $40k combined), that somehow that is better than the wealthy person that now makes $10K less than his parents (who made $1.2m combined) ?
I think this deserves a "man on the street" survey to see which income most people would prefer...
- spectrum1234 8y agoOf course this is better. The poor are improving the most in absolute terms in your example.
- TimJYoung 8y agoBetter is a very subjective term here, which was my point. The lower-to-middle class person is still subject to all kinds of economic issues that are of zero concern to the wealthy person.