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A comment on Inheriting is becoming nearly as important as working. Parent comment

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.

[1] https://fred.stlouisfed.org/series/DSPIC96

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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.

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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.
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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/#:~...

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