Comment

Comment by ChrisLomont

>The parasitic elite have been destroying the core of this country for almost half a century

Yet over that half a century the standard of living in the US has vastly increased, so much that the US poverty line is in the top quintile of world incomes.

US Median household wealth adjusted for household size changes and inflation has increased 50%. That's a massive increase [1].

The middle class has shrunk; because more moved up and above it than went below it. The share of US households, again adjusted for proper effects, making over 100K has tripled since 1967 [2].

Not many first world countries saw this kind of growth for the people you claim are being destroyed.

Care to point out which metric you are using to claim the core of this country is being destroyed? It's certainly not income.

[1] https://www.pewsocialtrends.org/2020/01/09/trends-in-income-...

[2] https://www.cato.org/blog/middle-class-shrinking-households-...

parent ChrisLomont 6 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton