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Well Defiler and I don't recall it, so perhaps it's your memory that's failing. Trust me, if you told us you were not an American, that would have stood out like a sore thumb.
Elsewhere on the board, where it was relevant to what ever I posted. It hasn't been relevant on this thread. At least I didn't think it was. We work/live with the same system, so the faults or merits are the same.
EDIT: I haven't said "I'm not American" I simply referenced my home as it was relevant.
As I said Defilers being an ass, if he want's to find enough, it he can search the board.
Thinking back to your earlier posts, I know you're not an American. So I support Defiler's wise observation.
I have no idea what other topics you participated in, so I don't know where you're from either. Why so coy about it?
Wherever you are from, you do not live under the same system as we do. You might think you do, but you don't.
I've acknowledged I'm not American. If I were pretending otherwise, I'd have consistantly used AMerican spellings. Defilers all excited over nothing. He's discovered somthing that wasn't hidden, it just isn't relevant. Absolutely I live under the same sytem as you do. What's scary is I hear people from all over the globe are saying exaclty the same things both you and I are saying about their own countrie. Yes, despite the fact we disagree, the same opposing views appear in toher countries, because so many of us are living under the same system where the minority are living of the labour of the majority.
I know you don't view it in that way, but when 90% of Americans only earn an average of 36k, that's the situation, no matter what explaination you put forward for it.
Most of the financial information I look at is global, when I look at individual countries, the difference is marginal and in terms of culture, not finance.
Here’s how much the average American earns at every age
We have 50 states. Earning $50k in Alabama is not terrible as the cost of living is cheaper. Your 90% includes seniors, students and those just starting their careers. Average wage in NYC is way higher. You use fuzzy math for your socialist logic.
average wage in nyc 2018 - Google Search
How is it fuzzy maths? I didn't create those figures. None of what you're saying makes any sense.
Because you cannot compare what a farmer in Iowa makes to what a stockbroker in NYC makes. What your graph should show is do people who earn less save more. If I make $50k but my rent is $300/month am I better off than someone who makes $200k but their rent is $5k per month? You took one line item and decided to place your whole thesis behind it. That is pure insanity.