I keep reading the median (or average, I can't remember at the moment) income in the US is something like 43k per year. How is that possible?
I grew up in a middle class family who brought in around 80k per year as a house hold and we would never buy new cars, or eat out all the time. My parents did buy the homes we lived in and perhaps that's a difference from a lot of other people, but at around 80k a year we weren't living like kings or anything.
How can the national average be so low? How can companies that sell large ticket items like cars stay in business if the cost of a nice car is more than most house holds bring in in a year?
Submitted June 20, 2017 at 08:32PM by autoHQ http://ift.tt/2sRieuy
