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A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by nickthemagicman on Monday October 18, 2021 @11:57AM (#28906885)
'discretionary income'

At a median wage of 50k a year...is there discretionary income or are large amounts of people living paycheck to paycheck in America?

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Re:The wealthiest 10% of Americans own a record 89% of all U... by Shared404 on Monday October 18, 2021 @12:11PM (#28907087)
What is the mode wage in America though?
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Re:The wealthiest 10% of Americans own a record 89% of all U... by solveit on Monday October 18, 2021 @12:41PM (#28907530)
Probably minimum wage of some suitably populous city or state. Why in the world would the mode be relevant though?
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Re:The wealthiest 10% of Americans own a record 89% of all U... by Shared404 on Monday October 18, 2021 @01:27PM (#28908067)
Is not the most common wage more relevant to the issue than the middle? Though I should've asked about the mean, I'm still waking up.
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Re:The wealthiest 10% of Americans own a record 89% of all U... by kapp_in_life on Monday October 18, 2021 @02:43PM (#28909632)
No. For example you could have 10 people making the minimum wage and 50,000 people making a salary of $50,000 -> $100,000(1 person for each salary in that range). Mode would say the most common wage is minimum wage.
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