Message from @Coltwind
Discord ID: 537527630501642252
Look at the spending, debt, and GDP as base metrics
Like macroeconomically speaking
Those are the big ones
But it’s a bit more complicated than that
You’ve gotta look at state-specific tax rates, financial self-sufficiency, etc.
Average income rates in different areas
It’s actually funny because if you look at heavily blue states, especially the ones like CA, they have a much shorter bell curve when it comes to average income after tax.
To sorta unpack that
I am of the opinion that economics is in its infancy, and needs a lot of perfection.
More people make shit money, the middle class is very limited, and the rich are very rich.
I think some people understand certain markets, but the world is big
All true
Whereas a place like NYC
I'm going to screenshot that to remember. @Coltwind thx!!!
Even though it is rife with poverty
And does have some Democratic Party initiatives
Fiscally, it’s relatively centrist
So even in NYC, the middle class is a lot bigger.
I personally think that you have to look at the sizes of the various classes (judges by income) by population size to assess economic prosperity for people.
Where I live (Australia), our middle class is fucking massive.
and factor in stuff like cost of living?
Don’t get me wrong, our lower class is bigger but not by much.
Well not really imo
Like the minimum cost of living is important
But when you’re comparing the three major income classes, the cost of living is different for each
Like I may choose to buy a $5 million house if I’m upper class and that would significantly raise the cost of living but if you’re lower class you can’t do that
Cost of living is actually heavily subjective in inter-class comparisons
It’s much more relevant when talking about communities that are considered to be lower class
alright, nice. good to know
Hit me up in DMs if you wanna keep talking bc I’m about to do some stuff and won’t see server notifications
I am about to hit the hay. Thanks for all the info. Can I send you a FR and maybe we can chat next time I am on?
Sure dude
I’m in the AEST Timezone if that helps
Nice. Have a good night... I mean day. You're in Australia.
Meaning I don’t do AEDT (daylight)
Alright sleep well mate
Hm.
What's the next fight, I wonder?
Check out @JC97MrBootleg’s Tweet: https://twitter.com/JC97MrBootleg/status/1087906494039900160?s=09