3 ms·
Sorry I’m not sure I understand the point you are making. Most models have the numbers of Americans living in poverty or lower class as above 50% of the US pop
by kitotik 6y ago
Sorry I’m not sure I understand the point you are making.
Most models have the numbers of Americans living in poverty or lower class as above 50% of the US population.
It’s unlikely if even what they term “lower-middle class” owns real estate.
- SpicyLemonZest 6y agoAny model describing the median American as “lower class” is being unreasonable. Most Americans - not all, but most - live a comfortable life.
- kitotik 6y agoCitation needed. “Comfortable” is obviously subjective, but the discussion was around ownership of stocks. Even these[0] models have it at >=50% and they are at least 15 years old, and disparity has only increased since then. [0] https://en.wikipedia.org/wiki/Demographics_of_the_United_States https://en.wikipedia.org/wiki/Demographics_of_the_United_Sta...
- karatestomp 6y agoOne annual out-of-pocket max (broken arm, bad fall, car wreck, appendicitis, pregnancy) away from having your financial plans disrupted for a couple years isn’t comfortable. One of those plus any one other problem at the same time from severe financial distress (maybe lose home, maybe bankruptcy) isn’t comfortable. No matter how many x-boxes you have.