$350K — Still Just Enough For the City

October 2, 2019
Posted by Jay Livingston

MarketWatch is taking some flak on Twitter and elsewhere for this story:

Here’s what should have been the pull-quote:

The thing is, that kind of income, while relatively huge, is barely enough, according to Dogen, for a family to lead a comfortable life in coastal counties — where almost half of the nation’s population calls home.

One reader of this blog reminded me that I’d posted something about this nine years ago, complete with a parody verse based on Stevie Wonder’s “Living for the City.” That 2010 post was occasioned by a Chicago law professor’s complaint that he could barely get by on his current income, which was probably a bit more than $350,000. (The original post is here.)