9 ms·
Not adjusted for inflation, so useless. At least do % of gdp which is also flawed but better than this.
by amazingamazing 2mo ago
Not adjusted for inflation, so useless. At least do % of gdp which is also flawed but better than this.
- mathgeek 2mo agoSince wages have not kept up with inflation, it’s already factored in as inflation drives the total debt faster. Total debt rising without a corresponding rise in wages means an increase in interest and defaults in general.
- alphabettsy 2mo agoA total measured over the entire US economy without adjusting for a variety of factors including inflation and population change seems like exactly the kind of thing you would expect from a news headline. How about average or per capita?
- wilg 2mo agoThe median wage has kept up with inflation anywhere this line is flat or sloping up: https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q