Quote:The American median income is like $8,000 higher than the next highest in the world.  People still act like our poor will starve to death if it weren't for food stamps.

 

Median income isn't a great statistic, it gets pulled up a lot by the top 1%.

 

50th percentile income is a better one. For a household that would be about 42,000 a year, or for two earners, two people working full time at about $10 an hour.

 

There are worse things than living on ~$40k/year, but that's the 50% percent mark. Half of all Americans are below that level.

---