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A comment on U.S. rent has increased 175% faster than household income over past 20 years. Parent comment

Re:U.S. rent has increased 175% faster than household income... by closeparen on Friday March 26, 2021 @03:26PM (#26595923)
Per BLS, 80.4 million workers make an hourly wage, with 1.8 million at or below at the federal minimum. [0]

It is kind of fascinating that people have such wildly different ideas about what the objective facts are, and how that must flow downstream into their worldviews and politics. Between 51.6% and 2.3% is not a small difference! Those are very different worlds we could be living in!

[0] https://www.bls.gov/opub/reports/minimum-wage/2017/home.htm#....

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Re:U.S. rent has increased 175% faster than household income... by A4ET8a8uTh0 on Friday March 26, 2021 @05:04PM (#26596915)
It is fascinating and horrifying at the same time. On the one hand, I am hoping the person was simply quoting something they heard in a rant online. On the other hand, I am hoping it is just a case of misreading available BLS data. Neither is exactly ideal and both paint rather sad picture of how we interpret reality.
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