Wednesday, September 13, 2017

New Record for Household Incomes. Wall St Journal

They show a graph of the median income, the income where half the country earns less and half the country earns more.  For 2016 we get up to $59,039, but it was nearly as good ($58665) way back in 1999.  In short, median income has only risen a measly $374 over the span of 17 years.  Pretty chinsy (0.6%)  in my book.
  Things looked so bad that Obama changed the methodology in 2013 giving everyone a $400 wage boost.   Lies, Damn Lies, and Statistics. 
   We have a long way to go before we can say everyone is getting better wages. 

No comments: