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The economic statistics that show the economy is booming are medians (eg, median real personal income and median household income) and population ratios (ie, th
by akavi 3y ago
The economic statistics that show the economy is booming are medians (eg, median real personal income and median household income) and population ratios (ie, things like prime employed percentage of population), which are insensitive to small numbers of outliers like the richest families.