3 ms·
Oh I'm totally aware you're hyperbolizing. Nonetheless, most Americans have a very poor understanding of wealth distribution and some of that comes from the 95t
by ethanbond 4y ago
Oh I'm totally aware you're hyperbolizing. Nonetheless, most Americans have a very poor understanding of wealth distribution and some of that comes from the 95th percentile claiming to be middle class. This is bad for pretty much everyone: the rich get to masquerade as the middle class, and the middle/lower classes get to feel as if they're further behind than they ever could've imagined.
So it's worth pointing out the facts: median household income is $65k and more than half the country couldn't sustain a $1000 emergency expense.