a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
rthomas6  ·  3136 days ago  ·  link  ·    ·  parent  ·  post: How the Other Fifth Lives

I don't understand why this is even a bad thing. A larger proportion of families with children are living in high income areas? That sounds like great news! By itself, isn't this just a straight-up improvement with no downside? Isn't this exactly what we would hope for, that more people are "wealthy" than before? That's the opposite of increased concentration of wealth, when looking only at quintiles.

The only worrying information in the article is that the percentage of families living in lower income areas has also increased. I think that information deserves much more attention. Focusing on the fact that a larger percentage of families make at least $110,000 just sounds like envy to me.