Message from @Frego

Discord ID: 483046718573772801


2018-08-25 22:49:01 UTC  

$117k a year is threshold for low income in San Fransisco now

2018-08-25 22:49:27 UTC  

More People are making more than 100k because the jobs are paying more

2018-08-25 22:49:38 UTC  

They pay more because the dollar is worth less

2018-08-25 22:49:40 UTC  

Also wives working more or at all means that households may be making more but you have to invest time to do so and costs from day care and such means people arent really living better

2018-08-25 22:49:50 UTC  

i think this graph is adjusted for inflation

2018-08-25 22:50:09 UTC  

“Inflation adjusted”

2018-08-25 22:50:12 UTC  

Yeah

2018-08-25 22:50:15 UTC  

It is

2018-08-25 22:51:05 UTC  

female workforce participation was high in the 70s i think

2018-08-25 22:51:25 UTC  

The transition from single income to dual income households I dont tihnk are considered here

2018-08-25 22:51:37 UTC  

dual income b/c the norm after the 50s i thought

2018-08-25 22:51:47 UTC  

especially when the 60s crop of hippie kids graduated

2018-08-25 22:52:01 UTC  

not sure but I dont think it was as prominent as now

2018-08-25 22:52:31 UTC  

oh ur right

2018-08-25 22:53:20 UTC  

dota grand finals are right now

2018-08-25 22:53:23 UTC  

Also with daycare costs dual income doesnt lead to that much of an increae in spending power much of the time

2018-08-25 22:53:37 UTC  

among other things

2018-08-25 22:53:52 UTC  

Spending power for a single income seems to be much lower regardless

2018-08-25 22:54:45 UTC  

why would you ever get in that kind of argument nigga go get some coochie

2018-08-25 22:55:09 UTC  

this is what i hit her with

2018-08-25 22:55:12 UTC  

"household poor term to ue
would like to see this done on a per capita
dual income household increase since the 70s
and nowadays, quite a lot of stay-at-home children / multigenerational working households
wealth polarization of this nature already has and will create significant untenable social friction
neoliberal policy has no effective redistributive solutions to address this"

2018-08-25 22:55:31 UTC  

i like dunking on shitlibs who spent 3 years getting an econ degree

2018-08-25 22:55:37 UTC  

then arguing ackshually, you are better off now

2018-08-25 22:55:56 UTC  

@C Dub thanx king

2018-08-25 22:57:41 UTC  

Np I didnt look up any data so hope I wasnt jsut bullshitting

2018-08-25 22:58:24 UTC  

found a pew dataset

2018-08-25 23:07:56 UTC  

truth is veronica..

2018-08-25 23:09:44 UTC  

rise up

2018-08-25 23:44:22 UTC  

yeah that chart above doesn't account for the growth of cities. being middle class in a rural area in 1960 was better off than making $100k and living in Chicago (could own property, have kids, etc)

2018-08-25 23:45:53 UTC  

yeah its pretty small brain to compare households - more households make $100k a year because now instead of the dad making $75k (inflation adjusted) the mom and dad both work and make $50k each (inflation adjusted)

2018-08-25 23:46:26 UTC  

The household makes 33% more but works twice as much - great trade!!!

2018-08-25 23:46:51 UTC  

Yeah I can afford a house/condo where I live right now but if I lived in a city I would basically be broke

2018-08-25 23:49:15 UTC  

Exactly, and the percent of people living in cities has gone way up so thats how you have people w/ ok jobs & college degrees going nowhere

2018-08-26 00:28:00 UTC  

FOUR MORE YEARS

2018-08-26 00:28:03 UTC  

FOUR MORE YEARS

2018-08-26 00:36:14 UTC  

https://cdn.discordapp.com/attachments/405907440861970434/483072147301072898/LOLOLL.png

2018-08-26 00:38:29 UTC  

https://cdn.discordapp.com/attachments/405907440861970434/483072711854260225/st.comRLcGVICZT1.mp4

2018-08-26 00:50:52 UTC  

LOL