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A comment on Share of Income Gains by Quintile - Great Depression til Now. Parent comment

Re:Share of Income Gains by Quintile - Great Depression til Now by klbarry on Friday September 09, 2011 @04:29PM (#2979708)
That is not true. They vastly overstate the decline in wages, due to the rise of more single person households. See: http://www.google.com/publicdata/explore?ds=a7jenngfc4um7_&#...

Individual wages have risen steadily since 1910, with no gaps. The household income chart is a misleading chart.

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Re:Share of Income Gains by Quintile - Great Depression til Now by william42 on Friday September 09, 2011 @07:03PM (#2980178)
http://www.google.com/publicdata/explore?ds=a7jenngfc4um7_&#...

This is a log-scale graph, which is what you want in order to compare rates of increase. You can see sort of an inflection point around the early 80s, but I'm not sure if it's significant.

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Re:Share of Income Gains by Quintile - Great Depression til Now by woobar on Friday September 09, 2011 @08:13PM (#2980315)
This chart has nothing to do with individual wages.

This is a sum of all incomes from all possible sources devided by population.

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Re:Share of Income Gains by Quintile - Great Depression til Now by iaskwhy on Friday September 09, 2011 @05:10PM (#2979887)
Does this take into account inflation? It could be that they are actually decreasing with inflation. I don't think it's like that but I'm just curious.
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Re:Share of Income Gains by Quintile - Great Depression til Now by klbarry on Friday September 09, 2011 @05:54PM (#2980016)
Either way, it shows the growth as steady, since inflation has not been particularly high in the last 20 years.
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Re:Share of Income Gains by Quintile - Great Depression til Now by cperciva on Friday September 09, 2011 @06:25PM (#2980097)
Note: That graph is personal income per capita, not personal income per worker or per hour worked.
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Re:Share of Income Gains by Quintile - Great Depression til Now by klbarry on Friday September 09, 2011 @07:30PM (#2980242)
Also see: http://visualizingeconomics.com/2007/11/04/has-middle-americ....

Incredibly stable since 1960.

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Re:Share of Income Gains by Quintile - Great Depression til Now by dogwelder on Friday September 09, 2011 @08:51PM (#2980390)
That chart shows per capita income without adjusting for inflation. It's not very useful for drawing conclusions about real income.

And per capita is a simple average, while looking at medians or quintiles gives you a clearer picture. Per capita, a roomful of middle class workers all become billionaires if Bill Gates walks in.

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