[TMWNN]

>We need a new term for the current situation. The data shows that the wealth of the bottom 50% has recovered - but their lifestyles and happiness have not.

"The thing I have noticed is when the anecdotes and the data disagree, the anecdotes are usually right. There's something wrong with the way you are measuring it". —Jeff Bezos <https://sports.yahoo.com/amazon-ceo-jeff-bezos-explains-2123...>

[fuzzfactor]

>the bottom 50% hold a larger share of the total net worth than they have since 2003

>while 50% are worse off.

Well 2003 is a long time ago so these are not supposed to be exactly simultaneous.

But when you do the math, statistically there is very little chance of either of these statistics being 100% accurate ;)

But the numbers are right there in the most plausible ball park, why else would anyone ever lacking prosperity been envious of "how the other half lives"?

So might as well take the figures at face value anyway.

Well what it tells us is that the bottom 50% is getting a marginal amount more trickling down, which obviously isn't doing any good since it's far too little too late and the full amount they were getting wasn't even enough to give them the economic ballast to keep the ship from capsizing.

Maybe more accurately said to keep the ship from being able to capsize.

One could only hope.