3 ms·
> more wealth than the bottom 40% of the American population combined. Sounds like a statistic designed to rile people who don't understand the difference betw
by nimble 13y ago
> more wealth than the bottom 40% of the American population combined.
Sounds like a statistic designed to rile people who don't understand the difference between wealth and income. You can be living quite comfortably but with no wealth accumulation (no savings or property). If you're also in debt, your wealth is negative. That bottom 40% probably includes a good number of people making over $100K per year.