by Megan McArdle
Jack Lew made a lot of money working for Citibank. So why, asks David Sirota, did he say last week that “My own compensation was never in the stratosphere”?
Jack Lew is not the only person who says this sort of thing. The media is routinely filled with people making six- and seven-figure incomes who modestly report that they are very middle class, struggling, really, to make it from paycheck to paycheck.
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The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.
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January 9th, 2015
Admit It: You’re Rich
by Megan McArdle
Jack Lew made a lot of money working for Citibank. So why, asks David Sirota, did he say last week that “My own compensation was never in the stratosphere”?
Jack Lew is not the only person who says this sort of thing. The media is routinely filled with people making six- and seven-figure incomes who modestly report that they are very middle class, struggling, really, to make it from paycheck to paycheck.
Continue reading…
The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.
Do you like the article?
We are glad you do! Please consider donating if you want to read more articles like this one.
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