No it says salary finance, which is a company trying to hawk debt consolidation and payday loans into a new abomination. I'd question their numbers without seeing the methodology explained.
It's hardly an argument for a shitty economy. If the people making over 200k a year are being impacted by a shitty economy more than those making 40k a year, then the issue isn't the cost of living vs wages. The issue is how 1/3 of people spend their money.