alt Hacker NewsNicely done subtly shifting the conversation from wealth to income. I guess it shouldn't matter that the bottom 90% of Americans have seen their share of wealth decrease since that started being measured in 1989. The median worker should be thrilled as long as their real wages have increased. Who cares if inflation numbers fail to account properly for more nuanced changes to cost of living such as rising education costs being more impactful due to higher college enrollment rates? Who needs to accumulate wealth when your income is growing at almost 1% per year?
>Nicely done subtly shifting the conversation from wealth to income.
I don't see the data on absolute wealth in your link, so I went with what I had.
>I guess it shouldn't matter that the bottom 90% of Americans have seen their share of wealth decrease since that started being measured in 1989. The median worker should be thrilled as long as their real wages have increased.
Well... yes? I mean, should I care that there's a multibillionaire I don't know somewhere in the country amassing an obscene fortune, if I'm living a little more comfortably every year? Most everyone is living better, isn't that fine?
>Who cares if inflation numbers fail to account properly for more nuanced changes to cost of living
How is that my fault? It's the data you used. Why are you using it if you think it has flaws?