this post was submitted on 17 Aug 2024
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UK Politics

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General Discussion for politics in the UK.
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[–] killingspark@feddit.org 4 points 2 months ago* (last edited 2 months ago)

The average German household has about 160K to their name, total. Not just cash but total, including cars, homes, whatever. The median is going to be even lower, the average is always skewed upwards in these statistics.

Even for people in the median getting an extra 85k is going to drastically improve their lives. Maybe not life-changing. But go to the 25th percentile and this is going to look a lot different. And that's not the "poorest" in society.