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> And some studies include the elderly which lowers measured progress because the elderly are an increasing share of the population and they are less likely to be working full-time if at all

Should probably just burn them for fuel, right?

> And many of the most pessimistic studies about the fate of the American middle class ignore the fall in marriage and the increase in divorce since the 1970s and the effects that demographic change has had on the way we measure changes in household income

The right wing culture warrior says that if people got and stayed married they'd be better off. The left wing materialist says that if people were better off they'd be getting married more and staying together longer. Which is more likely: every young person got brain worms at the same time that made them want to not do monogamy/family things, or the stratum of society that has always tried to capture as much of its productivity as possible has made gains in its project?

As to the rest of it: I don't particularly care if the same exact individuals have effected a greater capture of the economic output of this country, I do care that as a whole the top Xtile captures a larger slice. That does, in fact, matter materially to me even though I'm imminently comfortable. I'll leave it to the real stats nerds to punch holes in the math.



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