4 ms·
Since the graph is by median (not the mean), this should really disturb the graph. I think they are spot on: a person on the center of the income distribution h
by hectormalot 8y ago
Since the graph is by median (not the mean), this should really disturb the graph. I think they are spot on: a person on the center of the income distribution has seen housing and education cost double when compared to his/her income. And probably healthcare as well.
I’ll admit, income inequality has increased as well, but that by itself could be fine if the relative living cost for the average person had not increased that much