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rybosworld
1257 days ago
> A strong labor market has been effective in rasing the real incomes of the bottom 25% or so over the past few years
Source?
2 comments
jfghi
1257 days ago
Gaslight handwavy talking point
link
mym1990
1257 days ago
Not really the source and not specific to the bottom 25(but the bottom 50), based on this graph(
https://fred.stlouisfed.org/series/WFRBLB50107
) we can see net worth going up quite dramatically. If you look at pretty much any metric of capital(
https://fred.stlouisfed.org/release/tables?rid=453&eid=81366...
), it has been rising for the bottom 50. How much of that is attributed to income vs government stimulus is unclear.
link
bcrosby95
1257 days ago
That chart basically mirrors real estate prices.
link