4 ms·
> A strong labor market has been effective in rasing the real incomes of the bottom 25% or so over the past few years Source?
by rybosworld 4y ago
> A strong labor market has been effective in rasing the real incomes of the bottom 25% or so over the past few years
Source?
- mym1990 4y agoNot really the source and not specific to the bottom 25(but the bottom 50), based on this graph(https://fred.stlouisfed.org/series/WFRBLB50107 https://fred.stlouisfed.org/series/WFRBLB50107) we can see net worth going up quite dramatically. If you look at pretty much any metric of capital(https://fred.stlouisfed.org/release/tables?rid=453&eid=813668#snid=813803 https://fred.stlouisfed.org/release/tables?rid=453&eid=81366...), it has been rising for the bottom 50. How much of that is attributed to income vs government stimulus is unclear.
- bcrosby95 4y agoThat chart basically mirrors real estate prices.
- jfghi 4y agoGaslight handwavy talking point