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0 pointsAjedi322mo ago0 comments

Median purchasing power has increased by 12% since 1979 (data doesn't go back to 1975) https://fred.stlouisfed.org/series/LES1252881600Q

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BobbyJo2mo ago· 2 in thread

Real wages were down ~15-20% from 1970 to 1979... so, not a good year to anchor on.

Ajedi32OP2mo ago

Where are you sourcing that data from? The graph I linked using data from the U.S. Bureau of Labor Statistics doesn't go back that far, so comparing to 1970 would not be possible.

BobbyJo2mo ago

US Census tracks income, its just harder to pull out since they don't provide nice charts like the fed.

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