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re: Interesting Chart on Income Adjusted for Inflation since 70's
Posted on 10/3/14 at 12:43 pm to Hawkeye95
Posted on 10/3/14 at 12:43 pm to Hawkeye95
quote:
But its not how they live that matters, its the comparison to their neighbors that matters. Wealth is purely a comparative point. There will always be poor people, it just means they have less.
This. And also another thing to not would be that we don't really have any reason to suspect these trends wont continue to steepen without some sort of catalyst to do so.
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