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There is no paper or number crunching involved. All one has to do is google "real median household income united states" and click on the first link.
by xadhominemx 4y ago
There is no paper or number crunching involved. All one has to do is google "real median household income united states" and click on the first link.
- krageon 4y agoLeaving aside the issue of search bubbles, the first link I find states that the real median household income in the US was "below 1999 levels until 2016". That doesn't support your point at all. Edit: In US terms, "real" means that it has been inflation-adjusted. I don't know how it is in the US, but elsewhere governments frequently publish inflation numbers that have nothing to do with purchasing power (i.e. the inflation can be 3%, but the purchasing power of a household has still gone down by 5.4%). This makes such numbers seem a lot rosier than they are. Linking to actual data (which allows for looking at the whole picture rather than whatever graphs an agency chose to publish) allows us to see what's going on properly.