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21 sats \ 1 reply \ @Undisciplined 22 Apr \ parent \ on: Wage levels: USA outpaces Europeans econ
I think what was misleading on the first graph is that it isn't specific about what the number refers to.
That $54k is only drawn from wage earners. A lot of income in America comes from non-wage sources. That makes $54k a dramatic underestimate of income.
Another thing going on here is that taking the mean, rather than median, of income will give a fairly high seeming value because of the extreme high-earners in the distribution.
This I found on the european disaster
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