What about women ???!
With all the variables in determining medians and inflation adjusted dollars, this difference is not meaningful.
....for you elites who are still fishing around for an answer to the question “Trump? Why? How??”
the median earnings of a man working full-time in 1973 was $53,294 — measured in 2014 dollars — while the median income for a man working full-time in 2014 was $50,383.
The average man is not the median man.
Breaking news??
This is true, but what is left out is the after-tax income take-home pay. Taxes are far higher now than in 1973.
Can’t tell from the chart if this is adjusted for inflation. If it isn’t adjusted then it means earnings have dropped significantly. If it is adjusted then it means that earnings have stagnated.
The CHEAP LABOR EXPRESS keeps wages down and citizens in line... well, that’s Romney’s wet dream.
Welfare began in 1964, then with the Coinage Act of 1965 spending ramped up and devaluation stepped in. By 1971 the Brits and Italians realized the “New System” for what it was and demanded their payment in Bullion. President Nixon promptly closed the Gold Window because we were BANKRUPT. NOTHING HAS CHANGED, the Money Changers have been Stealing 5% annually from EVERY DOLLAR IN EXISTENCE.
That’s what happens when you flood a labor market with fraudulently documented foreigners and don’t enforce the laws.
Exactly as planned.
Courtesy of The Cheap Labor Express
I’ve been pointing this out for DECADES, that it now takes 2 incomes to basically equate what 1 income made 40 years ago... and I get attacked every time I point that out here.
For 4 decades both parties have been selling this nation out.
1976 median household income adjusted for inflation vs 2016 is roughly the same adjusted for inflation, meanwhile the average household is now a two income household vs a single income household...
What is the excuses folks give when this is pointed out.. yea, but costs of things are cheaper so you are actually better off, now that your mom isn’t home with your kids because she has to work to pay bills, but its okay because you can buy a $6 toaster, you are better off.
Idiots.
Full time used to be 40 hours. now it is 30 hours. Thank you, Obamacare!
Well in 1973 women had been staying at home raising their babies
THEN CAME.........
THE
PENUMBRA.......
Roe v. Wade, 410 U.S. 113 (1973)
then women started killing their babies at the rate of 2000 a day, so they could work.
Insanity sometimes does not pay off.