Re:Inflation Bites U.S. Engineering Salaries
by astrange on Wednesday September 27, 2023 @07:56PM
(#37683257)
I think you should look at how much over the median household income you are and then go find out what those people are doing.
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Re:Inflation Bites U.S. Engineering Salaries
by mberning on Wednesday September 27, 2023 @08:15PM
(#37683453)
The evidence would suggest that people making a median income are up to their eyeballs in debt, particularly credit card debt, and have very little hope of their situation improving in the future.
Re:Inflation Bites U.S. Engineering Salaries
by astrange on Wednesday September 27, 2023 @08:37PM
(#37683641)
I don't believe it does show that in 2023. Do you have a source that's better than a Bankrate survey? (FRED charts are the most reliable.)
Things like this are "okay":
https://www.stlouisfed.org/institute-for-economic-equity/the...
And of course, the poorest people in the country are non-workers (the elderly and children) who are probably not in debt, but have other problems. Should bring back the CTC and fix child poverty again.