Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year
apnews.com
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power.
  • Verdant Banana@lemmy.worldEnglish
    1321·
    2 months ago

    another horseshit propaganda article being put out before the elections to try to put icing over the rotten, moldy cake that is the US

    • proper@lemmy.world
      171·
      2 months ago

      The latest data came Tuesday in an annual report from the Census Bureau, which said the median household income, adjusted for inflation, rose 4% to $80,610 in 2023, up from $77,450 in 2022. It was the first increase since 2019, and is essentially unchanged from that year’s figure of $81,210, officials said. (The median income figure is the point at which half the population is above and half below and is less distorted by extreme incomes than the average.)

      it’s just data from a census report, guy. Not a “spin”. Reading is fundamental.

      • Asafum@feddit.nl
        102·
        2 months ago

        I still fucking hate this bullshit metric designed to hide the actual issue, pay. Not everyone is married and even still, that would be 80k for at least two people.

        I believe household income is all earners in a location. Track individual incomes! Why don’t you track individual incomes? (Insert duck chasing person meme here)