Re:Inheriting is becoming nearly as important as working
by the_real_cher on Friday February 28, 2025 @07:58PM
(#43214255)
Maybe you have an exceptional friend group because .. outside of your anecdata .. the statistically average salaries for many of those professions over large sample sets is below the median in the us and they are definitely not seeing their purchasing power increasing yearly
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Re:Inheriting is becoming nearly as important as working
by derektank on Friday February 28, 2025 @09:37PM
(#43215074)
>they are definitely not seeing their purchasing power increasing yearly
In the US? Real Disposable Personal Income has been growing very consistently over time [1]. The rate of growth did stagnate between 2000 and 2013 but the trend has been remarkably consistent.
Re:Inheriting is becoming nearly as important as working
by raziel2p on Friday February 28, 2025 @11:37PM
(#43215957)
the per capita version of your graph: https://fred.stlouisfed.org/series/A229RX0
it claims that the average person has 50k usd in disposable yearly income - there's no way that's after housing and other non optional expenses have been accounted for.
using this measurement, if wages go up 5% but rent goes up 50%, it would still look as if people have more money to spend than before.
Re:Inheriting is becoming nearly as important as working
by fulafel on Sunday March 02, 2025 @04:29AM
(#43228800)
If you consider most of this going to rich people it's more understandable. Per capita doesn't try to describe the average person.
Re:Inheriting is becoming nearly as important as working
by the_real_cher on Saturday March 01, 2025 @11:07AM
(#43220649)
very minimally and not in proportion to their output.
the rich are taking The Lion's share of productivity growth
https://www.epi.org/publication/charting-wage-stagnation/#:~...