Re:Economic Termites Are Everywhere: stats hide the experien...
by johnnyanmac on Sunday June 09, 2024 @05:15PM
(#40627686)
Yeah, we should be comparing spending power as a very slight upgrade to the metric of overall compensation.
And I'm not even sure what this graph is supposed to be showing. The biggest difference is when he 1st quartile stagnates while the 4th quartile loses 4-5%. 95% of $200,000 is still a lot more than even a 100% increase in salary for $40,000. my most generous, lazy interpretation of this chart shows a whopping $15% increase in wages for the first quartile.
And I'm not even sure what this graph is supposed to be showing. The biggest difference is when he 1st quartile stagnates while the 4th quartile loses 4-5%. 95% of $200,000 is still a lot more than even a 100% increase in salary for $40,000. my most generous, lazy interpretation of this chart shows a whopping $15% increase in wages for the first quartile.