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Explaining the inflation rate
(lemmy.world)
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this post was submitted on 20 Aug 2024
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I would argue that averages actually don’t mean dog shit, and that they’re only used to pit the proletariat against each other. There is an absolute minimum someone can make, but there is not absolute maximum. At least not yet.
I just know mine ain't going up
the median household income in America has increased $6,000 since 1990
If this was adjusted for inflation, this increase would be $115,000
https://nces.ed.gov/programs/digest/d22/tables/dt22_102.30.asp?current=yes