@sickburnbro I can already tell, without needing to read Michael Green's report or Kiel's full rant, that the first point, thus the whole rant, is an outright lie. What does Keil mean that Michael Green is purely "conflating" the $110k figure with the lower percentiles on the current class bell curve (if it's still a bell curve)? Is it simply Green pointing out that the $32k line that demarcated between poor and middle class ten years ago no longer applies because of inflation? How is that pure conflation? That sounds like Green is demanding economists, intellectuals, and influencers respect basic economic realities in their many models and formulae, beyond the other problems. Why is conflation wrong anyways, if the reality is that the number is not representing upper middle class anymore? If the numbers show that average person in America is starting to live like the average of average poorer countries, how is "well the average American is rich ackshully compared to world" proving Green illogically conflates his figure range and the American poor?
It's too easy for the academics to lie to people, and I'm tired of it.