The bottom 60% of U.S. households don't make enough money to afford a "minimal quality of life," where as the top 1% have more money than at any time in history, according to a new analysis. https://www.cbsnews.com/news/cost-of-living-income-quality-of-life/?ftag=CNM-00-10aab8a&linkId=818735561
Comments
I sense methodological issues with the study linked in the OP.
Something along the lines of the old “see themselves not as an exploited proletariat but as temporarily embarrassed millionaires” issue.
What makes that wrong, in your opinion?
So, what’s that say about us as a people?
Not ‘the bottom’