4 ms·
When it comes to income and wealth, I don't think so. There aren't enough people in the middle ground between rich and poor for that to be a meaningful stat for
by JohnFen 4mo ago
When it comes to income and wealth, I don't think so. There aren't enough people in the middle ground between rich and poor for that to be a meaningful stat for most things.
- bigfishrunning 4mo agoIf there are very few people in the middle ground, and more people are poor, then wouldn't the median be a poor person and therefore somewhat representative? I'm not sure I'm following your logic here...
- ajmurmann 4mo agoIf you look at income distribution over time you'll see that the middle indeed shrunk. However, they moved to high income.
- deleted 4mo ago[deleted]