| ▲ | Ajedi32 5 hours ago |
| Median purchasing power has increased by 12% since 1979 (data doesn't go back to 1975) https://fred.stlouisfed.org/series/LES1252881600Q |
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| ▲ | BobbyJo 4 hours ago | parent [-] |
| Real wages were down ~15-20% from 1970 to 1979... so, not a good year to anchor on. |
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| ▲ | Ajedi32 4 hours ago | parent [-] | | Where are you sourcing that data from? The graph I linked using data from the U.S. Bureau of Labor Statistics doesn't go back that far, so comparing to 1970 would not be possible. | | |
| ▲ | BobbyJo an hour ago | parent [-] | | US Census tracks income, its just harder to pull out since they don't provide nice charts like the fed. | | |
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