[lbo-talk] Joe the Plumber, $250k+ business owner, as average American?

Joseph Catron jncatron at gmail.com
Fri Oct 17 10:25:26 PDT 2008


On Fri, Oct 17, 2008 at 12:06 PM, Doug Henwood <dhenwood at panix.com> wrote:


> Really? Having six figures in financial assets (excluding housing) would put
> you above the 80th percentile of the wealth distribution.

"Full" was obviously hyperbolic, but skilled construction workers with a few years of seniority earn more than enough to accumulate significant savings, assuming they actually save some of it. In fact, workers earning enough to start or buy their own companies are not at all uncommon.

On a note related to this exchange, does anyone know of a good demographic tool, like American FactFinder, that includes liquid assets?

-- "Hige sceal þe heardra, heorte þe cenre, mod sceal þe mare, þe ure mægen lytlað."



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