Not a year over year “dip”. Damone is quoting the “average” household income, which is inflated by a few high end earners. If Bill Gates and I walk into a bar, the average wealth of the people in the… (View Post)
Median reveals a 25% dip in household income from the average (but I’m sure you knew that since it’s right there in your link). Putting it at the $60k range. About 49% of Americans have employer prov… (View Post)
Exactly. And their numbers are growing. Damone’s comments on the “average” American are pretty far off the mark. Maybe they don’t care, but his reasoning is backwards. They’re too busy trying to surv… (View Post)
The average American doesn’t have a retirement account, has shitty insurance, can’t afford a $400 emergency expense without borrowing, and didn’t notice their $.13 tax cut. Otherwise, great point. (View Post)