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Averages hide extremes. In this case it hides how much poorer the poor got and richer the rich got. America is not "rich" in a way that benefits the middle clas
by johnnyanmac 2y ago
Averages hide extremes. In this case it hides how much poorer the poor got and richer the rich got. America is not "rich" in a way that benefits the middle class.
- DiogenesKynikos 2y agoAnd to address that gap between the rich and poor, Trump is ... firing middle-class government employees, cutting taxes (which primarily favors the rich), and toying with cutting social programs?
- NoLinkToMe 2y agoMedian personal income shows the same trend. It's not an inequality issue. https://fred.stlouisfed.org/series/MEPAINUSA646N https://fred.stlouisfed.org/series/MEPAINUSA646N