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Comment by wat10000

4 hours ago

And yet the median household income is only about $87,000. I’m skeptical.

What’s there to be skeptical about? It’s well known and data-confirmed that wealth has been transferred out of the middle and lower classes in the last half century or so.

The people who are making below the median make things work by living in public or rent controlled housing, getting a heck of a lot of roommates, or living in single room apartments with shared bathrooms.