News for hackers. Stuff that matters.
Re:Bezos Exerts Control of WaPo Opinion to Focus on Personal... by absolutelastone on Thursday February 27, 2025 @10:50AM (#43195465)
Link says the numbers are adjusted to 2023 dollars and a three person household.
Re:Bezos Exerts Control of WaPo Opinion to Focus on Personal... by ryandrake on Thursday February 27, 2025 @12:04PM (#43196215)
Income can grow (even inflation-adjusted, real income), while standard of living falls.
Re:Bezos Exerts Control of WaPo Opinion to Focus on Personal... by handsclean on Thursday February 27, 2025 @11:06AM (#43195637)
I saw that, yet all the above remains true. Income, even after inflation adjustment, isn’t the same thing as living standards.
Re:Bezos Exerts Control of WaPo Opinion to Focus on Personal... by discodonkey on Thursday February 27, 2025 @03:25PM (#43198083)
According to Wiktionary, the standard of living is "the level of income, comforts and services available to an individual, community or society."

Levels of income have risen. Comforts and services available are not as simple to measure as income, but consumption (a decent proxy) is also trending upwards.

https://data.worldbank.org/indicator/NE.CON.TOTL.CD?location...

Re:Bezos Exerts Control of WaPo Opinion to Focus on Personal... by mempko on Monday March 03, 2025 @12:04PM (#43243934)
Most of that is driven by the top 10%. The top 10% now make up 50% of all consumption in the US. Again demonstrating that inequality matters.