What is a "better middle class"? What does that even mean?
I sense another spectacular Billy Fail Thread coming.
Do you not understand what an economic class is? Of course you don't. How silly of me.
OK so you have no answer. Pure, straight ignorance.
Do they have higher average incomes? Higher average household wealth? Longer life spans? Higher rates of consumption? Higher personal satisfaction?
Nothing. You've got nothing. You haven't quantified what you wrote, much less backed it up by any evidence.
You fail because you are Billy Triple Zero.
How America's middle class fell behind its Canadian neighbours
If you’re a proud member of America’s middle class, you may have been startled to learn last week that your after-tax income now
makes you worse off than your Canadian neighbors to the north. They can now claim the title of the richest middle class on the planet.
Let’s take a look at the bombshell that the
New York Times dropped in our midstlast week. It’s based on data from the Luxembourg Income Study Database, and focuses squarely on median income.
That means that instead of being distorted by the impact of millionaires and billionaires becoming still richer and the wealth gap becoming still wider, using this data gives analysts a sense of the experience of the average household in any given country. It also means an economist can compare overall economic growth of a country to the experience of individual households in that country – and by those standards, the United States just doesn’t come off that well.
Because while our economy has been growing more rapidly than those of other nations, a smaller percentage of those households is sharing in that prosperity, the data suggests. (Income inequality is at its
highest level since 1928.)
Income, take home pay, better for the middle class Canandian than for the middle class American. looks like Billy was right on this.