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> If we assume that there are two million of us, each earning on average $200,000 and saving $80,000 At least the last two of those numbers seem very high to m
by markbnj 8y ago
> If we assume that there are two million of us, each earning on average $200,000 and saving $80,000
At least the last two of those numbers seem very high to me. $200k might be the average if you're just looking at major metro tech markets like SF and NYC, but that's not going to get you anywhere near 2m people is it? I suspect the true average compensation for technology professionals is less than half that.
- antt 8y agoThe point is that even with the highest possible numbers us techie scum are still a rounding error to the national economy. Which makes us an incredibly useful punching bag for the economist who wants to try his hand at populism without jeopardizing his tenure.
- moate 8y agoI think the gross OVER estimation helps his point. Even if those things are true (they feel extremely high to me) the other group he's pointing out is substantially worse in the grand scheme of things.