this post was submitted on 03 Jan 2026
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Economics

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Global Wealth (infosec.pub)
submitted 5 days ago* (last edited 5 days ago) by noumenon@lemmy.world to c/economics@lemmy.world
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[โ€“] iopq@lemmy.world 1 points 4 days ago

The median American has $124,000 in net worth, but also claims to live paycheck to paycheck when polled

[โ€“] TheReturnOfPEB@reddthat.com 1 points 5 days ago* (last edited 5 days ago)

The US Census Bureau that releases US income statistics excludes billionaires from their calculations. I have actually contacted them about releasing those statistic with billionaires. IIRC they claimed it "skews the results to be unrealistic".