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They’re calculating real household income - even the richest only count as one of those, unlike a simple GDP/population calculation. In any case, feel free to
by acdha 3y ago
They’re calculating real household income - even the richest only count as one of those, unlike a simple GDP/population calculation.
In any case, feel free to provide your alternative analysis.
- ipaddr 3y agoCheaper services benefit the rich averaged across everyone it's 1,000. For example saving $10,000 on lawncare means 9 poor families can not benefiting and the headline is still correct. In reality they save 20,000 and those poor families are 1,000 worse off.