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But imagine what this did to Europeans...
Maybe they didnt poll from the right group?
I just feel 80k is being very optimistic.
https://fred.stlouisfed.org/graph/fredgraph.png?g=1dxDl
Depending on the choices made by the analyst, 77k is not far above what the Fed is reporting.
Fed reports a lot of bs.
Over-inflating numbers and under-inflating numbers for their purpose.
That's fine. My point is just that the first chart is right in line with other available data. If you find something counter to it, I'm sure we'd all be interested.
I think what was misleading on the first graph is that it isn't specific about what the number refers to.
That $54k is only drawn from wage earners. A lot of income in America comes from non-wage sources. That makes $54k a dramatic underestimate of income.
Another thing going on here is that taking the mean, rather than median, of income will give a fairly high seeming value because of the extreme high-earners in the distribution.
This I found on the european disaster
I am screening the bs....
But we have to deal with this bs
I had read such figures on various occasions before. the gap between the USA and the Europeans is widening immensely, not least because of the climate apocalypse we are celebrating so extensively
Part of that is selection. During the pandemic a lot of people left the workforce and haven't returned. That was largely people earning below average salaries, so it moved the average up.
I don't think wage growth has been that robust over the past four years.