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42 sats \ 7 replies \ @SimpleStacker 23 Jan \ parent \ on: How much income do you need to raise a family of four at your place? econ
I'm starting to very much dislike Visual Capitalist. They present these nice looking charts, but half the time they look made up or totally misrepresentative. And they don't seem too transparent about methodology; just citing a source does not count---this may be the subject of my next "Pleb Economist".
$188K for a family of 4 in California? I guess I must be living in poverty then, despite my two cars and house. And mind you, this number was given for the whole state.... and I live in Los Angeles.
These numbers don't make sense at all.
They seem to have a collectivist agenda
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Or they're just unthinkingly passing along what's available (which is often collectivist nonsense).
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Don't dislike Visualcapitalist. They just copy and paste figures from other sources. The numbers given in the map have been taken from here.
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I think it's worthy of dislike. Essentially, their reach surpasses their accuracy. Although, the charts are usually directionally correct, so maybe it's not such a net negative shrug
I am just very particular about data accuracy and interpretation. You could say it's a pet peeve of mine.
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No, I also don't like it. Looked at it after a long time today and found it.
I also found something else from them which is same but contradicts to this.
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I remember someone posting this one a while ago. At least this one says "to live comfortably". The reader knows there's a subjective standard at play.
I actually think these numbers are pretty reasonable, if comfortable means you can generally do whatever you want without worrying about money.
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