Toddsterpatriot
Diamond Member
ToddsterPatriot and OldSoul, a median wage rate of poor purchasing power indicates lesser national living standard. If the income rates of the lowest third of USA’s income earners’ population are insufficient, it’s unlikely for USA's median wage rate to be comparatively sufficient.
The median wage rate could conceivably be greater only if USA' s population of lowest third income earners are extremely more represented by those earning the highest wage rates within their segment of income earners, and extremely few earners within their population's income bracket are earners of lesser wage rates.
Unfortunately within each population segment of income brackets, the segments' population of income earners are distributed in the opposite manner; the lower wage rate earners are more, and the higher wage rate earners within their income brackets are less represented. Due to this being the cases, if the federal mineral wage rate's insufficient, the median wage rate's also comparatively insufficient.
Respectfully, Supposn
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