We eating!
You can play with the numbers using this tool:
Middle-Class wealth has also gone up about 300% in that time
Middle-Class incomes have gone up almost 80% since 1985
- Thread starter OfTheCross
- Start date
We eating!
You can play with the numbers using this tool:
Middle-Class wealth has also gone up about 300% in that time
Capitalism...
ExodusNirvana
Change is inevitable...
How about the cost of living? Cost of goods? You got charts for that?
Whats the term, real wages?
Wargames
One Of The Last Real Ones To Do It
Exactly these charts mean nothing in a vacuum.
Some of y'all asking questions but not providing actual information. smh
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
Well one thing that I can tell from the chart is that the top 10% have pulled away from the rest of the pack like a motherfukker since the 1980s
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
Interesting site
Well one thing that I can tell from the chart is that the top 10% have pulled away from the rest of the pack like a motherfukker since the 1980s
No doubt. Interest compounds.
I think it's more important to not how much everyone else came up in that time.
The top 10% was going to be booming regardless because they started with money.
Godless Socialist CEO
Superstar
Silly ass thread
Secure Da Bag
Veteran
DANKTHRONE
Pro
Wages adjusted for inflation. Trying to show how much you can buy with a wage instead of just it's nominal value. Say we take 1980 as the base year with a price level of 1 and say wages are $10/h. Say in 2022 wages are $30/h. This doesn't tell us how much we can buy because we haven't considered the price level. If the price level has risen to 3 (i.e. prices today are 3 times what they were in 1980) then real wages are 30/3=$10/h. Even tho wage have nominally increased (i.e. $30/h > $10/h) you can only buy the same amount of stuff as you could in 1980. If the price level only rose to 1.5 then real wages are now 30/1.5=$20/h then we can now buy twice as much stuff as we could of in 1980.
Last edited:
DANKTHRONE
Pro
Wealth growth between 2008-2018 for the bottom 50% 
storyteller
Veteran
Numbers without context are worthless...here are some more charts and fun with numbers.
www.epi.org
Wage Stagnation in Nine Charts
Our country has suffered from rising income inequality and chronically slow growth in the living standards of low- and moderate-income Americans. This disappointing living-standards growth—which was in fact caused by rising income inequality—preceded the Great Recession and continues to this...
www.epi.org