It's inflation adjusted. On the income graph you shared, the same decline was present (but it stopped in 2022 too, which is the last data we have, so 'cherry-p

It's inflation adjusted. On the income graph you shared, the same decline was present (but it stopped in 2022 too, which is the last data we have, so 'cherry-picked'). Also nothing about the gini coefficient. Also, if wages are a shrinking percentage of income, that mean rent will slowly bring more money home than work, which is terrible news.