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?

  • FriendOfDeSoto@startrek.website
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    10 天前

    It seems to me like you are coming to grips with the fact that statistics are nice but one mustn’t trust those one hasn’t forged personally.

    I imagine there may be political or even practical reasons why they draw the line there. A lot of times lines remain fixed because they made more sense when they were drawn ages ago and now it’s just a pain in the butt to change them. Or to keep numbers comparable with those from previous years.

    • chaosCruiser@futurology.today
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      10 天前

      Or maybe there are laws or regulations that would be triggered if you move the goal post. If you start reporting the number of poor people or their income in a different way, that could affect government spending. If that’s the case, there could be a lot of friction in trying to update the calculations.