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Old 05-17-2020, 09:28 AM
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AustinMike AustinMike is offline
Michael
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Join Date: Mar 2012
Location: Austin, TX
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As many have pointed out, the article has many major flaws. To me, it is kind of headache inducing. He talks about percentage of Americans, then percentage of households, then percentage of American adults. Three very different metrics. Pick a metric and stick with it.

He also talks about "the top 10% feel poorer and less confident about future gains, and thus less enthused about borrowing and spending." How wealthy are you if your assets are obtained with borrowed money? And, who borrows money to buy baseball cards?
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