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> We are living in a 4 (typical) income economy. You've made this claim multiple times recently. What do you consider a "typical" income to base this on?
by Jtsummers 2y ago
> We are living in a 4 (typical) income economy.
You've made this claim multiple times recently. What do you consider a "typical" income to base this on?
- WarOnPrivacy 2y agoA typical income is the dollar/hr that is most obtainable - it is the pay for jobs that most people can apply to and get. It used to be a rate of pay that young people could start a family on. In the 1990s I could answer an ad for a job that most people could do. That job alone would be nearly enough to support wife, me, 2 young kids. I'd make up the diff on the side. That's gone and birth rates can't climb without it.