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You yourself actually linked to the relevant plot "Employed full time: Median usual weekly real earnings". If you want to make credible arguments, look for medi
by yobbo 5y ago
You yourself actually linked to the relevant plot "Employed full time: Median usual weekly real earnings". If you want to make credible arguments, look for median income.
Q3 2001: $338, Q3 2021: $367, so that's an 8% increase, claimed to be CPI adjusted.
CPI measures price changes for things such as flip flops, snickers bars, and TVs - things you find in Walmarts. What people complain about is the price of housing.
- deleted 5y ago[deleted]
- onlyrealcuzzo 5y agoThe price of housing is irrelevant. It's a debt market. The debt service of housing (and property tax and insurance) is what matters.