Item — HN Reader

I accept the criticism in name but cannot invalidate a lived experience just because it has not been quantified accurately.

> majority of that middle class moved on to the upper class

Is this true in the US in inflation adjusted terms ? Can say that it is certainly reversed direction in my country.

1 comments

Yes, people are getting wealthier in real terms, including the poor. Especially if you quantify it the right way: absolute consumption/expenditures, not relative % from median income (relative count will always show there are poor people even if they would appear insanely "rich" to a poor person from 100 years ago or from Afghanistan).

On lived experience: my lived experience tells me the Earth is flat.

> my lived experience tells me the Earth is flat.

That ship has sailed, beyond the horizon. Hope you catch the reference.

Can't see that far... All seems flat to me