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Doesn't tying income class to moving targets within those classes defeat the point of measuring them?
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The US Census Bureau defines lower class as the lowest 20% of incomes.
Pew defines it as the lowest 2/3 of the median.
If the highest income is $100, 20% is $20.
At 2/3 the median, if the median is $30, lower-class is $20.
Is there a reason they're tying income classes to people within those classes, and not what it costs to survive within the economy?
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