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Wealth is unevenly distributed. > Average net worth is higher than median (at $1,059,470 vs. $192,084, respectively) ... (2023) Reference: https://dqydj.com

• JumpCrisscross 2y ago
  > Wealth is unevenly distributed One must really torture the numbers to conclude that Americans aren't richer, on any reasonable definition of average, than Europeans. (Even if we restrict the latter to EU residents.) The only population I can think of for whom this would be universally true are the chronically ill.
  • jmclnx 2y ago
    First income inequality is far worse in the US that Europe, because of that, Ave Income is inflated. You take out say the top 10%, you will be a huge change. You also need to define "rich". If you are born healthy and into a upper middle income family, you can end up rich, look at Gates, Zuckerberg and many other such people. In the US, if you or any of your children have any long term health issues, you will spend most of your income on health care. Thus you will be struggling to maintain a household. So this "rich" thing is nothing but a "lets feel good" story, not reflection reality to the average US citizen.