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A comment on The 9.9 Percent Is the New American Aristocracy. Parent comment

Re:The 9.9 Percent Is the New American Aristocracy by refurb on Monday May 28, 2018 @12:32PM (#17173291)
This is a great rebuttal. We seem to ignore that wealth changes over a person's life.

When average wages are dropping, are they actually dropping or are wealthy people leaving the workforce at a greater rate than lower income people (just starting their careers) entering it?

Kind of what we'd expect when the baby boomers retire, no?

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Re:The 9.9 Percent Is the New American Aristocracy by DrPhish on Monday May 28, 2018 @12:38PM (#17173332)
Census Canada has an income explorer that includes wealth percentiles by age (and sex, by province etc)

http://www12.statcan.gc.ca/census-recensement/2016/dp-pd/dv-...

It's quite a stark difference in the percentiles from 20 to 40 to 60.

Slate is absolutely right that without further controls for things like age, these percentiles are misleading

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