blanketswithsmallpox ,

Holy shit middle class is half a million now?

The days of making 6 figures means nothing now lol.

Trollception ,

That's net worth, not salary.

ryathal ,

Net worth and income are totally different. 6 figures for income will give you a multi million net worth with a modicum of budgeting.

blanketswithsmallpox ,

Definitely a difference. Thanks.

dimath ,

So, how do we tax unrealized gains?

GBU_28 ,

Well first off circles are like the worst shape they could have used

Kecessa ,

Circles aren't the best shape to illustrate it because doubling the area of a circle doesn't doesn't really make it look twice as big...

I much prefer this:
https://mkorostoff.github.io/1-pixel-wealth/

lesinge ,

Damn, that's an extremely powerful method of data visualization!

Everythingispenguins ,

Fuck I got tired and quit half way though the graphic.

jballs ,
@jballs@sh.itjust.works avatar

If you didn't get past Bezos, you weren't halfway yet.

kksgandhi ,

I made this little game with the same idea:

https://kksgandhi.itch.io/other-peoples-money

AbsurdityAccelerator ,

Top 10% of the US population has a net worth of 4 million? That does not seem right.

Ross_audio ,

Net worth includes all asset value. Pensions, investments, and property.

That seems about right to me. A lot will be tied up so liquid assets will be lower.

The 50% upwards middle class being $400,000 will mostly be the value of a house.

Very annoying they just specify "average". I'd expect this data to be based on the median values so it should just say.

AbsurdityAccelerator ,

Even with the value of your house and 401k, it's still very hard to believe. I just did a quick Google search and the 90th percentile in 2001 is 1.6 million, which seems more accurate.

ryathal ,

The top 10% includes all the people in the top .01% which skews the average higher. You might only need about 1.6 million to be in the top 10% but the average will be higher.

AbsurdityAccelerator ,

Ah, that makes sense. Appreciate the explanation.

Prunebutt ,

OP misspelled "eat" in the title.

white_shotgun Bot ,

Surely there's enough hungry pets out there we can feed them to. Whack em in a can of cat or dog food problem solved

snekerpimp ,

Pit smoked with hickory chips, and a nice Carolina style sauce, that’s how we should cook em

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