The median income per worker in the US is around $35,000.
We’d each be earning $42k a year more, not just a straight $42k.
The absolute middle-of-the-road wage earner would be earning significantly more than DOUBLE what they are earning now.
And IIRC, this $42k number comes from the RAND corporation a couple years ago. These folks are no analytical slouches, nor are they known as a liberal organization.
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Did the tweet mean to say median worker?
Yeah the study uses median
Okay, that makes more sense. These types of discussions usually use median because it doesn’t allow small portions of the population with highly concentrated wealth to throw off the numbers for the rest of the population.
