SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bentway who wrote (429173)10/22/2008 12:04:28 PM
From: TimF  Read Replies (2) of 1570622
 
The MEDIAN family income in the US is $50,282.

Which is well above anything that could reasonably be considered a one or a two on a scale of one to 10.

Compared to the world, its more like a ten. Compared to the developed world its above 5, compared to the US as a whole, its 5 (technically 5.5 on a scale of one to 10, and 5 on a scale of zero to 10, but most people treat 5 as the midpoint on "one to 10" rankings) if you compare it to the median income, and well above "1 or 2" if you compare it to the average.

--

Our country has the largest disparity in relative wealth of any developed country

I'm not so sure about "any developed country", but any large highly developed country may be true.

But that disparity isn't because the poor have it so bad here but because the rich are wealthier than the rich in most other places.

The poorest 10% in the US are wealthier than the poorest 10% in many other developed countries.



coyoteblog.com

coyoteblog.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News