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Actually, it isn't. Median income hasn't moved up since the 70s, and as a proportion of wages, it's dropped. When you factor in the increase in part time employ
by willhslade 10y ago
Actually, it isn't. Median income hasn't moved up since the 70s, and as a proportion of wages, it's dropped. When you factor in the increase in part time employment and the drop in full time employment since 2008, plus the cost of the ACA... This is the reason Trump won. Most people aren't happy.
- eru 10y agoWikipedia says: > According to the CBO, between 1979 and 2011, gross median household income, adjusted for inflation, rose from $59,400 to $75,200, or 26.5%. However, once adjusted for household size and looking at taxes from an after-tax perspective, real median household income grew 46%, representing significant growth." > Another line of analysis, known as "total compensation," presents a more complete picture of real wages. The Kaiser Family Foundation conducted a study in 2013 which shows that employer contributions to employee healthcare costs went up 78% from 2003 to 2013. The marketplace has made a trade-off: expanding benefits packages vs. increasing wages. (https://en.wikipedia.org/wiki/Household_income_in_the_United_States https://en.wikipedia.org/wiki/Household_income_in_the_United...)