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comment by mk
mk  ·  3280 days ago  ·  link  ·    ·  parent  ·  post: The American middle class is no longer the majority

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.