Re:More than half of all private wealth has been inherited i...
by closeparen on Monday December 18, 2017 @11:48AM
(#15952979)
As the linked article points out, we have defined terms like “poverty” and “low income” relatively, so telling us the percentage of people they cover doesn’t convey any information.
The 57% figure is much more illustrative, in large part because it conveys an absolute capability which people can lose or acquire.
The 57% figure is much more illustrative, in large part because it conveys an absolute capability which people can lose or acquire.