HabitableZone

Flame » in reply to A good rule of thumb in a capitalist society.

It works for me.

If you're looking for villains, its got to be the ones who are better off now than they were before. The poor are increasing in number, and just about everybody seems to poorer now than they used to be. Only the infamous "one percent" seem to be really prospering any more, and the rate at which they are getting richer is going through the roof. By George, Bowz. I think you've got it!

At what income level(on the average, of course, there is statistical variaton), do people seem to be making more now than they were before? We do know the median income figure in the nation (the point at which the number of people who have more equals the number who have less)has been dropping for some time now.

Of course, a lot of people don't have income. They just have wealth.
So at what level of wealth do people's assets (on the average)seem to be increasing, rather than diminishing?

I'm serious. Sure, there are probably people of modest means now who are better off than they were previously, and there are probably wealthy people who have lost money, but ON THE AVERAGE, where is the cutoff point? At what income/wealth level does increasing prosperity begin in America? And is that point going up, or down?

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