Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: agenda21nwo on September 19, 2013, 01:35:42 AM
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The typical American family makes less than it did in 1989
(http://www.washingtonpost.com/blogs/wonkblog/files/2013/09/MedianHouseholdIncome.png)
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/17/the-typical-american-family-makes-less-than-it-did-in-1989/
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Household Income is the wrong metric, as it doesn't take into account the number of people living in the house.
You could have two roommates living in a house each making 50k a year for a 100k Household Income. They both get 10k raises and one person moves out and gets his own place. So, even though they're both making more, their Household Income has gone down.
What you want to look at is Per Capita Income, but I get the feeling the Writer doesn't want to do that.
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do they still eat a lot of hamburgers?
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Cost of living is dynamic as well. I made barely six figures in Miami but did not mean a whole lot in that part of town. In fact, making 18$ an hour putting doors on Toyotas in Alabama would net you a richer lifestyle, albeit in a shitty place like Alabama.
I wonder what the figure is for those with degrees? I would wager it to be considerably larger.
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do they still eat a lot of hamburgers?
only rich Americans can afford hamburgers these days.
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sad news :'( :'( :'(
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Household Income is the wrong metric, as it doesn't take into account the number of people living in the house.
You could have two roommates living in a house each making 50k a year for a 100k Household Income. They both get 10k raises and one person moves out and gets his own place. So, even though they're both making more, their Household Income has gone down.
What you want to look at is Per Capita Income, but I get the feeling the Writer doesn't want to do that.
ur a tool
first your example is ridiculous. What about the two professionals that move in together. That is the inverse effect.
household is a pretty good representative, they keep changing but not particularly in any direction
2nd per capita is meaningless as the top 1% would skew the value.
The problem the OP is referring to is that the typical (google the word median) american family has made little to no gains in the last 30 so years. All the GDP growth has gone to the top of the pile and a degree is not much help either.
Look at the graph below and see how things went to shit starting during the Reagan years.
And look at the top bracket income taxes rates during the good years . 80 to 90%. 8)
unless your a 1%er you have been severely raped for the last 30 years
(http://upload.wikimedia.org/wikipedia/commons/0/01/United_States_Income_Distribution_1947-2007.svg)
(http://2.bp.blogspot.com/-6qxTQcZFE_E/UD7yFqc66gI/AAAAAAAAABI/VLxy4teuaKA/s1600/Picture+96.png)
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Um yeah this is what happens when the workers don't fight for their rights. Keep taking it up the ass for capitalism. ;D
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ur a tool
first your example is ridiculous. What about the two professionals that move in together. That is the inverse effect.
household is a pretty good representative, they keep changing but not particularly in any direction
No, shithead. Average household size has gone down during that time.
(http://i95.photobucket.com/albums/l142/thinlizzy21/17750fd03536a5d004299c8a39d1b2ca_zps68c3be73.jpg)
In addition, you don't have to use the average. You can use the median, or middle person, which would take the skew out of the equation.
The sh!t people take for granted never ceases to amaze. Every dope on this forum has access to goods and services that weren't available even to those evil one percenters just a short while ago.
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USA is fucked
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Glad I didn't invest in one of those then.
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The typical American family makes less than it did in 1989
(http://www.washingtonpost.com/blogs/wonkblog/files/2013/09/MedianHouseholdIncome.png)
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/17/the-typical-american-family-makes-less-than-it-did-in-1989/
That POS Obama. Wait? What?
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I was making about $3 a week for allowance then, pretty sure I'm doing way better now. ::)