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TopicThe Atlantic: Economy stronger than ever, workers benefit from more pay
Zeeak4444
07/06/18 2:07:52 PM
#21:


FLUFFYGERM posted...
Zeeak4444 posted...
FLUFFYGERM posted...
mistalightbulb posted...
Yet the wealth gap continues to widen.

Wonder what happens when that bubble bursts


The distribution of wealth doesn't matter. What matters is the buying power at each level of distribution.

In other words, it doesn't matter if the top 1% owns 15% of all the current wealth or 30% of all the current wealth. What matters is what the average person can accomplish with their earnings.


And we choose Iowa where you could buy a 3 story house for 80k?

Nothing against the message of the article but let's choose somewhere with a little more weight.


Just because you don't consider a specific example of this phenomena important or of "sufficient weight" doesn't mean it isn't important, bruh. Sorry that The Atlantic isn't publishing just shit about California.

You can see these trends across the country due to the strong economy and the demand for workers.


Why didn't we choose one of those? Why did we center on a place with the lowest cost of living in the country? No reason, I'm sure.

Don't talk about buying power if you're not going to talk about places where that matters.
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