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The US median person is not rich. Even the US average person is not particularly rich, especially in PPP. The very few rich multi-billionaires skew the figures
by simonblack 6y ago
The US median person is not rich. Even the US average person is not particularly rich, especially in PPP.
The very few rich multi-billionaires skew the figures so much that it looks like the US is rich.
A country with 50 million people on food stamps (and that was before the Covid era) is not rich.