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wasoxygen · 3046 days ago · link · · parent · post: The American middle class is no longer the majority
These are good points. 1) Of course we should count all living residents. Births is a distortion not only because it leaves out immigrants but because it leaves out deaths as well, which certainly affected the older group more. 2) Another good catch. 3) Social Security is a strange justification for high earnings. The report measures income, but the usual picture of someone collecting Social Security is a retired person living off of their savings.