Point is the median person earns about the same as the mean disposable income. So the mean disposable income isn’t telling us too much about the quality of life, or financial state, of a typical American. From what I’m seeing, it’s just reflective of our increasing income disparity.
Taken to an absurd degree… the mean of my income and Jeff Bezos’ income tells is nothing about my income beyond “much less than Jeff”.
Taken to an absurd degree… the mean of my income and Jeff Bezos’ income tells is nothing about my income beyond “much less than Jeff”.