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'An economic divide that is widening': Almost one third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gap (finance.yahoo.com)

submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world

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[–] prole@sh.itjust.works 5 points 2 years ago* (1 child)

They use the median instead of mean here for a reason... Can you guess it?

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[–] force@lemmy.world 3 points 2 years ago*

Because mean income is a useless metric in most contexts due to it being extremely warped due to outliers (billionaires) since this country has the worst income inequality in the first world by far..? Do I get a trophy now

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