It’s designed to be uncomfortable until the lowest earners in the country are able to approach comfortability themselves. The whole point is to tie people who make decisions for the rest of us to the consequences of them. It’s not about inflicting harm, it’s about inflicting consequences, which may be good or bad.
It’s designed to be uncomfortable until the lowest earners in the country are able to approach comfortability themselves. The whole point is to tie people who make decisions for the rest of us to the consequences of them. It’s not about inflicting harm, it’s about inflicting consequences, which may be good or bad.
We want a rising tide.
Then tie it to the lowest earners. You can pick a lower percentile using the same methodology as finding the median.
Adding fixed percentage adjustments to the mean is not a good way of going about it.