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by TheOtherHobbes
2382 days ago
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Over the time period, married couples often had a single income. Now working class married couples are just as likely to have a total of two to six jobs between them, but their real median income is still lower than it was when only one person was working. There are no "nit picks" to debate. Refusing to acknowledge the destruction of financial stability for the working class and lower middle class in the US and certain other Western countries is simple denialism. |
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This is very much false. Look at the data. Real median income of all households had risen by a relatively small amount, because there are many more households today with one adult than in the past. However, real median income of households with two adults had rose very substantially. Similarly, real median household income of households with one adult also rose substantially. The relative stagnation of real median household income is mostly an artifact of changes in the composition of the index.