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by rayiner 2534 days ago
Fun fact: millennial households earn more than their parents’ did at the same age: https://www.pewresearch.org/wp-content/uploads/2018/12/FT_18...
1 comments

Pretty obfuscatory fact. Inflation-adjusted wages are flat to declining. https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...

It confuses the matter to talk about household earnings, which obscure the increase in two-income households. (Two-income households have more income and expenses for a given standard of living, since homemakers are contributing to household earnings and expenses in a shadowed form.)