Hacker News new | ask | show | jobs
by pclowes 41 days ago
I am not saying that there isn’t inequality. I am also not saying that infinite inequality is good.

I am saying it would be better to be poor now than poor in 1980 even though the inequality is higher now.

I am saying that inequality by itself is not an especially meaningful measure.

I am saying that recently, 2019 through 2024, low wage income has risen in the US faster than high wage income.

https://www.epi.org/publication/strong-wage-growth-for-low-w...