US Authoritarianism

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That’ll be Why the Median is Barely Over 40 (lemmy.world)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

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Snopes

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[–] [email protected] 5 points 2 months ago (1 children)

But I think this is only about wages right? It doesn’t take into account growth in net worth based on shares, does it?

[–] [email protected] 3 points 2 months ago (1 children)

“Income” is understood to mean wages in measurements like this.

[–] [email protected] 2 points 2 months ago

Not sure about this. However if this was the case, income would be a pretty useless term in terms of describing financial inequality, as a lot of wealth gained would be excluded by this definition.