this post was submitted on 24 Sep 2023
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It's time to mean income, not stable living wage.
Incomes don't follow a bell curve, so the choice of mean income is a red flag to me. Imagine you had 9 citizens making 100k and one billionaire, the mean is now 100,090k.
Relatedly, being in the bottom 10% doesn't necessarily mean the same thing in these different countries, in some of them that might not be below the poverty line so it's comparing apples and oranges.