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re: No vacation nation
Posted on 8/27/14 at 8:49 pm to Tiger n Miami AU83
Posted on 8/27/14 at 8:49 pm to Tiger n Miami AU83
quote:The CNN article from which you got that from did not adjust for the affordability of everyday goods.
I'm sure.
The majority of the middle class of Canada, western europe, australia, and japan are wealthier than the average middle class American. The US middle class ranks towards the low end of wealth at 19 when compared with other major industrialized countries.
The outliers of our super wealthy skew the overall numbers, but if you are comparing middle class citizens of different developed countries and their wealth, we suck.
Likewise, while it might be true that Americans are starting to become poorer than other occident countries, it's because of the 2008 housing and economic crash.
And the article says the average person in the U.S. ranked 4th out of 20 countries. I'm not sure how you can say "most of America is poor by industrialized nations standards."
Likewise, you say that super wealthy rich folks skew the average upwards, but don't super poor people such as mexican immigrants and Delta Blacks and Appalachian white trash skew it downward?
This post was edited on 8/27/14 at 8:52 pm
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