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US mean vs median wage chart

https://www.ssa.gov/oact/cola/central.html One of the favorite arguments of our fellow moderate democrats arguing that the US really isn't that bad for lower income people compared to say France or Germany is to often cite GDP per capita alongside lower tax rates to somehow explain that despite lacking any sort of reasonable safety net Americans enjoy a much larger income and therefore comparable QoL(insert agency/ur poor cuz u dun spend ur money right!!). Well here you go the bottom 50 percent makes approx 34k/20$ per hour or less. I remember even some pundits like Matthew Iglesias arguing as much, which is shameful since mean vs median is like 5th to 7th grader statistics. Follow source for convenient cost of living calculator to argue with your boomer parents and grandparents on how they are statistically wrong about just everything. Source: Mark Blyth (@MkBlyth) Tweeted: Here's a fun table I came across. It's the…


https://www.ssa.gov/oact/cola/central.html

One of the favorite arguments of our fellow moderate democrats arguing that the US really isn't that bad for lower income people compared to say France or Germany is to often cite GDP per capita alongside lower tax rates to somehow explain that despite lacking any sort of reasonable safety net Americans enjoy a much larger income and therefore comparable QoL(insert agency/ur poor cuz u dun spend ur money right!!). Well here you go the bottom 50 percent makes approx 34k/20$ per hour or less. I remember even some pundits like Matthew Iglesias arguing as much, which is shameful since mean vs median is like 5th to 7th grader statistics. Follow source for convenient cost of living calculator to argue with your boomer parents and grandparents on how they are statistically wrong about just everything.

Source: Mark Blyth (@MkBlyth) Tweeted: Here's a fun table I came across. It's the old average vs median applied to US wages. Show's us how despite a high average figure you can have half the labor market on $20 an hour or less. https://twitter.com/MkBlyth/status/1501672849651781635?s=20&t=6qfvkeouJFHT2pVRlU7p1A

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