re: Interesting Chart on Income Adjusted for Inflation since 70's

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Wealth is measured in completely objective terms.

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Oh, it can be measured. But its a comparative point. Poor people don't realize how much they have, all they see is what other people have. You think poor people have been to india? or sub saharan africa? They have no fricking clue how those people live.

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What is your evidence for this claim? I can give you evidence against it.

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why do you think the income inequality drum has been hit so much over the last 6 years. It resonates!

I am intrigued to see yours. I very much know the american poor are richer than the majority of the world, and have all sorts of luxury items that aren't not even conceivable by the everyman in china.

But that doesn't mean they look at others and not get jealous. its human nature.