Given that there are 320 million Americans and 320/5 is 64, yeah, that statement is mathematically true...
Given that there are 320 million Americans and 320/5 is 64, yeah, that statement is mathematically true...
"For those in the bottom quintile, household income in inflation-adjusted dollars has dropped sharply, from $13,787 in 2000 to $11,651 in 2013. According to the Census Bureau, 64 million Americans currently live in the bottom quintile."
Seems like a perfectly reasonable statement.
The author, in the sentence before, pointed out: "For those in the bottom quintile, household income in inflation-adjusted dollars has dropped sharply, from $13,787 in 2000 to $11,651 in 2013"
He then calculates the concrete number to convey to the reader that for 64 million americans life has gotten harder.
But hey, you earned some internet points so thanks for the contribution.
> In other news at least half the population lives below the median income.