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Originally Posted by Barry-xlovecam
I was dividing apples and pears numbers and dollars -- my error
However, 20% will always be 1/5
so the number of families would grow.
Source: https://www2.census.gov/programs-sur...olds/h03ar.xls
There is no change however there is no upward mobility for the bottom 20%. Why do you think that is? Either they have little to offer or they haven't the means (still, luck and/or money) to succeed. Enough about society's inequities -- that is a constant.
And they elect a rich guy who will fix everything ... LMAO
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The graph proves that it'snot just the lowest 20%. It's the bottom 60% or more.
Add inflation from 1967 to today.
https://westegg.com/inflation/infl.cgi
Quote:
What cost $100 in 1967 would cost $730.35 in 2016.
Also, if you were to buy exactly the same products in 2016 and 1967,
they would cost you $100 and $13.55 respectively.
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It's not that these people have nothing to offer. It's because society has taken away the offers. These are your customers so stop thinking it doesn't affect you. It's been eating away at your income for a long time. You rely on how much disposable cash your potential customers have.