3 ms·
> Because the salaries have been stagnant since the 70s and the cost of living/existing has sky rocketed. I couldn't find info about salaries per se, but avera
by badpun 3y ago
> Because the salaries have been stagnant since the 70s and the cost of living/existing has sky rocketed.
I couldn't find info about salaries per se, but average hourly wage in the US increased by around 800% since 1970.
- logicfiction 3y agoand the median nominal US home value is up 1728% since 1970[1]. https://fred.stlouisfed.org/series/MSPUS https://fred.stlouisfed.org/series/MSPUS
- andrekandre 3y agodoes that count for inflation? according to below, its gone up by 2 inflation adjusted dollars compared to 1979... https://www.statista.com/statistics/185369/median-hourly-earnings-of-wage-and-salary-workers/ https://www.statista.com/statistics/185369/median-hourly-ear...