50% is a key threshold, and explains a lot of the disillusionment and anger in the country
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@erikbryn@Atul_Gawande And if you cut that data by region, it would pretty clearly tell an even more powerful story. - 1 more reply
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@HRAskMe.@Atul_Gawande@lisafieldsms If born 1940, would have had to have been total screwup not to have earned more than your parents.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@Atul_Gawande@lisafieldsms@nytimes Big issue, but 1940 is a ridiculous starting point. We were still fully mired in the Great Depression. - 1 more reply
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Myth: bootstraps. Fact: the rise of inequality damaged the
#AmericanDream more than the growth slowdown. Fact: I love data.Thanks. Twitter will use this to make your timeline better. UndoUndo
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yup, and we're the 'entitled, selfie' generation.
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due to health care premiums? past decade have eaten up wage inc http://kff.org/health-costs/report/2016-employer-health-benefits-survey/ … - slide 4 of chart pack
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Does the study account for changes in family structure? Changes in starting income level? Changes in std of living?
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@DrAmithaK
@nytimes would this change if we invested more in education?
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@tom_peters@nytimes Is that in real terms or just in £sd?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@Bob_Wachter@nytimes and Trump says Americans make too much moneyThanks. Twitter will use this to make your timeline better. UndoUndo
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Isn't that good? Means USA has reached stability. "economically mature nation".
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and without reform this will get worse as most new wealth from growth is going to the 1%. The result: shadow of fascism is engulfing us.
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god damn baby boomers.
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Better: Not just compare later to Depressn-era parents. Do chances by quintile of parents. Rich fams don't need to do better.
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yeah because the rest of the industrial world had been firebombed. Not exactly situation normal 4 economy
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