Americans own less cars per captia than western europeans
theatlantic.com
theatlantic.com
This strikes me as plausible.
The Atlantic is saying actually our young people aren't poor, they just want iphones instead.
This strikes me as implausible platitudes.
Is the Atlantic a Left / right wing paper (it appears on HN a lot so I would like to know)
But the evidence of increasing income inequality is persuasive.
My favourite quote from somewhere recently:
A society is fair if you are willing to enter it at the top or the bottom.
If you dont want to join Western society at the bottom of the pile,
its not a fair society.
Edit: far too snarky.What percentage of American salaries do you think are $100k+, though? I've heard people guess as high as 20-30%. Some people, both Americans and foreigners, seem to imagine it as this super-rich country where everyone is making those kinds of salaries. But the real number is 7%.
(About 20% of American households do make 6 figures, but most of those are two-income families that are adding together two 5-figure incomes, e.g. husband and wife each making $60k.)
I would say it's literary and good journalism. If Colbert is right, and reality as a well-known liberal bias, then it's liberal. Or, see the Talk section of the WP page for a rather lengthy discussion: http://en.wikipedia.org/wiki/Talk:The_Atlantic .
I think it's shifting to include more technology coverage under its traditional cultural commentary/literary style. Sort of somewhere like a mix of the Economist and Wired.
While I would like that, I'm irritated with them for spamming various sites, including HN and Reddit. See http://www.dailydot.com/society/atlantic-slaterhearst-jared-... . I've commented on some of their self-posted links here on HN, including questions about the article, and got no followup, which tells me it's more spam than trying to engage in dialog. So I tend to ignore links to their site.
Also, the report authors don't say much of anything about income inequality in the USA. They do note that high income inequality tends to signal lower rates of car ownership.