Dang Mase!
Guns was super-happy with HaverAnalytics when he was showing that the middle class was getting paid less for their homes, but the minute you used one of Haver's charts to say something good about the US, you loose your credibility.
Ah --I've got it! Your Haver charts prove that American's are rapidly losing the ability to earn less than $50k/year and pretty soon we'll be unable to provide any of our own cheap labor!!!
Mase's deceptive charts don't prove whether Americans are better off now than they were back in the 1970s. First of all, Mase's charts compare FAMILY income. The problem with his charts are manifold. The biggest of which is the growing number of American families that have been forced to become two income families just to make ends meet. For instance, there are 11 times as many working married women with children under 6 years of age. If the goal of Mase's chart is to determine if American's are better off today than in previous generations, then this renders Mase's deceptive stats meaningless:
And btw, the median income of full-time, year round male workers has also been steadily falling during this same time period:
And let's not forget our personal savings rate:
If Mase is as economically literate as he keeps claiming to be, then he is deliberately misleading his fellow FReepers into believing that we are better off today than we were in previous decades. That might be the case for the money-changers at the top of the financial food chain, but that is certainly not the case for your average American.
And BTW, those Americans vote.