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comment by wasoxygen
wasoxygen  ·  3278 days ago  ·  link  ·    ·  parent  ·  post: The American middle class is no longer the majority

    if you pick a long enough time scale

Another sore spot. I suggest, here and always, that we consider the maximum available range of data.

Your phrase is suggestive of someone who says "global temperatures have not risen for ten years."





mk  ·  3278 days ago  ·  link  ·  

I was making the point that people don't often consider the long arc of historic wealth when it comes to our view of their own.

Whether or not people's perception of their wealth, or their absolute wealth matters more seems to be the difference that drives debates around this topic. I don't think a satisfying answer can be found, so both are probably worth worrying about.