/siberia/ - Off-topic

>among labor force participants
>wage income (e.g. not including rental, pensions, investments, etc.)
>no measure of assets vs income
lol

>silent generation had $35k median wage when they were 30

First I thought this was fake, then I looked at the data and it's true. The inflation adjusted median wage in the US has barely increased over the past 60 years. Its honestly pretty shocking.

It goes to show how pathetic this system is, and how easy it is to break it with a little bit of class struggle to strangle those last few percent of profit.

So this graph also shows how little real wages have increased adjusted for inflation.

Except everything (especially housing) was like 10 times cheaper back then

>>781204
wouldn't that be included in inflation

>>781205
no, because the official inflation stats are fake

>>781204
Yup, housing, education, healthcare, insurance - a whole bunch of service sector and financial sector costs were cheaper back when the economy was more protectionist, Keynesian and geared towards manufacturing. Then the rate of profit collapsed.

If you really think about it, if simply these costs were reduced in the US, the US can have another 1950s style "Golden Age". Because the other costs like water, electricity, food (raw ingredients, not slop), electronics, internet, and various treats are quite cheap relative to wages.

People up the pipeline complaining about people ahead in the pipeline

>>781210
It should be either 100% or 0% for everyone

>>781213
grass is green too

>>781205
Goods and services don't inflate in the same proportions. Some things are cheaper (e.g. computers, music), some are more expensive (everything that's important).

>>781386
There are more cultural similarities between people born after the late 1980s/early 90s than before said era yet the definition of generational cohorts has become more exaggerated