So with statistics and numbers it can really hide the individuals experience and situation. Let’s just say you make around 50k that is over median income and you were doing better than others for last 5 years or whatever.
Well if extremely rich people get more money and more people make it big and the people under you make huge strives of making more than things are “better”. Income wise. But if your wage stagnated and everything became more expensive then your experience is worse even if you are still above median at 50k.
What this article really fails to do is marry increasing wages with cost if living. Let’s not even talk about how certain parts of America is worse too
So with statistics and numbers it can really hide the individuals experience and situation. Let’s just say you make around 50k that is over median income and you were doing better than others for last 5 years or whatever.
Well if extremely rich people get more money and more people make it big and the people under you make huge strives of making more than things are “better”. Income wise. But if your wage stagnated and everything became more expensive then your experience is worse even if you are still above median at 50k.
What this article really fails to do is marry increasing wages with cost if living. Let’s not even talk about how certain parts of America is worse too