top | item 22216055 (no title) throwawaybbb | 6 years ago The bottom 50% of the US are poorer than they were in 1968 in both real and absolute terms.https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite... discuss order hn newest nkurz|6 years ago I skimmed through the Wikipedia article you linked, but didn't see proof of that. I certainly could have missed it, though. Which part of the article do you feel supports your claim? thepangolino|6 years ago Income inequality is a very flower metric to mesure wealth variations.Imagine country A, awesome with very little income inequality. Half it’s citizens earn 9k a year and the other half 10k a year.Now country B, is very bad. 90% make 50k a year and the other 10% make 500k. That’s terrible, isn’t it? I wouldn’t want to live in country B. throwawaybbb|6 years ago The bottom 50% of US citizens have -0.2 trillion in wealth. That's right, they are in debt.Never in the history of the world have the poor had less than nothing. danharaj|6 years ago But smartphones! /s
nkurz|6 years ago I skimmed through the Wikipedia article you linked, but didn't see proof of that. I certainly could have missed it, though. Which part of the article do you feel supports your claim?
thepangolino|6 years ago Income inequality is a very flower metric to mesure wealth variations.Imagine country A, awesome with very little income inequality. Half it’s citizens earn 9k a year and the other half 10k a year.Now country B, is very bad. 90% make 50k a year and the other 10% make 500k. That’s terrible, isn’t it? I wouldn’t want to live in country B. throwawaybbb|6 years ago The bottom 50% of US citizens have -0.2 trillion in wealth. That's right, they are in debt.Never in the history of the world have the poor had less than nothing.
throwawaybbb|6 years ago The bottom 50% of US citizens have -0.2 trillion in wealth. That's right, they are in debt.Never in the history of the world have the poor had less than nothing.
nkurz|6 years ago
thepangolino|6 years ago
Imagine country A, awesome with very little income inequality. Half it’s citizens earn 9k a year and the other half 10k a year.
Now country B, is very bad. 90% make 50k a year and the other 10% make 500k. That’s terrible, isn’t it? I wouldn’t want to live in country B.
throwawaybbb|6 years ago
Never in the history of the world have the poor had less than nothing.
danharaj|6 years ago