This is a very abused fact. When you are comparing the incomes, you are competing in your region, not globally and then your income goes from top 0.1% to top 10%. And then you realize that you won't be able to buy that house or that you don't have as much flexibility to change your employer. If you want to feel like top 0.1%, then you probably have to move to some forgotten place in Africa (most large cities do not count due to income inequality and corruption) but then your standard of living with your top 0.1% income is even worse. Statistics is too easy to abuse without critical thinking.
You’re correct :) I think I understand what you’re trying to say, and I agree, but I still don’t understand his arguments. It’s not like his company is not profitable, or the employees work not well enough
Comments
You're on HackerNews so I assume you work in software. Your income is top 0.1% globally. But that doesn't solve your problems, does it?
This is a very abused fact. When you are comparing the incomes, you are competing in your region, not globally and then your income goes from top 0.1% to top 10%. And then you realize that you won't be able to buy that house or that you don't have as much flexibility to change your employer. If you want to feel like top 0.1%, then you probably have to move to some forgotten place in Africa (most large cities do not count due to income inequality and corruption) but then your standard of living with your top 0.1% income is even worse. Statistics is too easy to abuse without critical thinking.
You’re correct :) I think I understand what you’re trying to say, and I agree, but I still don’t understand his arguments. It’s not like his company is not profitable, or the employees work not well enough