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[–] 1 point 3 months ago (3 children)
  • [–] 2 points 3 months ago (2 children)

    Look up the difference between median and mean and how extreme outliers can skew a median value and mask inequality

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  • [–] 3 points 3 months ago (1 child)

    Your statement was about 60%. Median was the correct value to cite.

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  • [–] 4 points 3 months ago*

    I guess they're saying if you excluded the top 10% and only considered the 90th percentile and below (most regular people), the median of that value would be living on less than $40k a year. Personally I wouldn't be surprised if it was a lot lower and their "60% live on less than $40k" is understating the issue. That's a household with two parents earning minimum wage or doing gig work which is an incredibly common low income setup.

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