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View Diary: Median wealth increases, but US still stuck at #27 (5 comments)

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  •  Not at all (0+ / 0-)

    I am interested in what's happening to the middle class. Since the median is, by definition, in the absolute center of the distribution (in this case, of wealth), it gives us a much better idea of how the "typical" American is doing than mean wealth does.

    In every country in the world, wealth is even more unequally distributed than income.

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