Comment on How Britain Became as Poor as Mississippi
Dave8008@feddit.uk 2 days ago
The US is an aggressive imperial nation that seeks dominance over nations globally, including its allies. Farage is the US’ man in Britain and will govern on their behalf, opening up the UK to US capital and complete US dominance. We are being undermined and destabilised before being subsumed and stripped of our resources. This article in the Atlantic, a neocon outlet, is simply a propaganda puff piece for Farage, the US’ man in Britain.
Farage will be a disaster, but international capital will make a killing. The US is a poor nation run by theives who have concentrated all wealth in their hands while 60% live on $40k or less. It is a cleptocracy. It’s economy is a ponzi scheme built on the dollar’s reserve currency advantage.
This article mixes small exagerated truths with bullshit.
tal@lemmy.today 2 days ago
www.census.gov/library/…/p60-286.html
Dave8008@feddit.uk 2 days ago
Look up the difference between median and mean and how extreme outliers can skew a median value and mask inequality
tal@lemmy.today 1 day ago
Your statement was about 60%. Median was the correct value to cite.
iocase@lemmy.zip 1 day ago
I guess they’re saying if you excluded the top 10% and only considered the 90th percentile and below (most regular people), the median of that value would be living on less than $40k a year. Personally I wouldn’t be surprised if it was a lot lower and their “60% live on less than $40k” is understating the issue. That’s a household with two parents earning minimum wage or doing give work which is an incredibly common low income setup.