Earlier quoted context omitted.
> There's these things called citations, there's tons of them throughout the piece, those pieces further cite primary sources for the data. I clicked 10 or so citations that all went to the same guys blog where he at best had skewered pew research I sourced directly instead. > Learn these things before you try to engage in conversations about this topic: > The difference between income and total compensation. If you…
lol at thinking Daniel Mitchell is just a "guy" >How is this relevant to median income/wealth measured over time? Because the age and dominant generation of the population massively affects the median household wealth. It's why the median wealth of Japanese Americans is significantly higher than Hispanic Americans. The median age of the Japanese American population is almost double that of Hispanic Americans.
He's a global warming denialist often citing Daily Mail as a source. I know who he is. "just a guy" would've honestly been a better resume. What he is not is a primary source or a good source of unbiased anything.
> Because the age and dominant generation of the population massively affects the median household wealth. It's why the median wealth of Japanese Americans is significantly higher than Hispanic Americans. The median age of the Japanese American population is almost double that of Hispanic Americans.
Ok, median age in the 1990s was 32.9, and 37.9 in 2016 [0], so the wealth being the same means it actually shrunk even more since older people should have more. Got it. Thanks for clarifying.
[0] https://www.statista.com/statistics/241494/median-age-of-the...