Depressing Chart I debated sharing (Patreon)
Published:
2025-09-30 18:05:30
Imported:
2026-06
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Content
In 1971, median weekly earnings were about $240 (nominal), worth ~$1,600 today after inflation adjustment.
By 2025, nominal wages were higher (~$1,000/week), but after inflation, it's still around that $1,600 in buying power. No progress in 55 years... NONE!
Who gets hit? Those without HARD ASSETS
This hits middle- and lower-income workers hardest (the "median" in the graph). Top earners and those with investments have done great.
This needless to say is a big driver of frustration, populism, socialism and marxism.... as well as debates about "the system being rigged" for the fat cats! Complaining about it will not do anything... investing will.
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