3 ms·
That's a terrible article. Most of the numbers[1] are "last five years", which is a huge cherry pick right around the pandemic. It's true that there was an sa
by ajross 2y ago
That's a terrible article. Most of the numbers[1] are "last five years", which is a huge cherry pick right around the pandemic. It's true that there was an savings and inflation burst 2021-2023! But drawing your box around it and declaring "things are getting worse" instead of looking at the trend in both directions is just bad science.
As always, ask FRED, not random clickbait articles. Real (which means "inflation-adjusted") median household income in the United States: https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N
It's been going steadily upward since 2011, and is currently, except
for the 2020-22 correction the article is cherry picking.
[1] Also the headline isn't an aggregate number measuring people, it's citing "97% of professions". Wat? What does that even mean? Is there a formal list out there of all the "professions" such that you can count them all? Clearly there is not, so that number become non-falsifiable.