Go back 50 years to 1970 median income was $9870

Jan 27, 2022
10:16:17am

mottman All-American

Round up to $10k in 1970 that's worth around $72k in 2022 money. or $68k in 2020 money. Wages simply haven't kept up with inflation.

Report problem with this ad

mottman

Previous username: (Private)
Bio page: mottman
Joined: Jan 14, 2007
Last login: Jun 1, 2024
Total posts: 14,098 (1,113 FO)

Report problem with this ad

Messages

Author

Time

Graph showing 'How Much Americans Make'. Median income in 2020 among employed was $43k

Zenoch All-American

1/27/22 9:49am

It must include part time workers.

Belboz

1/27/22 9:55am

It breaks it down by age. 30+ year old is around $52k.

cougsareforreal

1/27/22 10:02am

yeah, I see that. It must include part time workers.

Belboz

1/27/22 10:11am

No idea what the American Community Survey is but it conflicts w/ Census & Fed

BYU'01

1/27/22 7:27pm

And a lot of Reddit using dog walkers.

Hank Rearden

1/27/22 9:58am

There's a lot of mockery and hatred on CB for people struggling to get by.

ReyOso

1/27/22 10:07am

Um, pretty sure the dog walker is by choice.

Romex

1/27/22 10:08am

"go to college" isn't a magical ritual that leads to riches.

Belboz

1/27/22 10:15am

And if you decide to go to college, please consider ROI. Most degrees are little to no value, yet cost just as much.

Unibro

1/27/22 1:06pm

Universities should be held accountable for this type of thing. Come to college,

Powerbait DPM

1/27/22 4:06pm

I wish I would have been more aware of this when I was in school...

Cougphysio

1/27/22 8:38pm

It was her choice. She leads the Reddit revolt against working a FT job.

Division Bell

1/27/22 10:15am

Not sure why your response is to my post (mine was supposed to be to in response toBelboz) Unless you think that guy on

Hank Rearden

1/27/22 10:27am

I'm not sure who you're talking about specifically?

ReyOso

1/27/22 10:39am

Yes.

cougfanz

1/27/22 11:31am

We do need to get over the myth that college = success. It doesn't, especially with how many journalism and other

Unibro

1/27/22 12:26pm

Link to the hatred posts?

Unibro

1/27/22 1:07pm

It's really disturbing. People throwing a lot of nonsense quick fixes out there

Mitty

1/27/22 1:25pm

I think this is a reference to the Reddit r/AntiWork moderator

reddead

1/27/22 2:05pm

Perhaps the problem is the fact that they're "workers"

Cougarclaw

1/27/22 3:12pm

You’re entitlement is showing.

Powerbait DPM

1/27/22 4:11pm

entitlement is believing you have a right to something.

Cougarclaw

1/27/22 5:15pm

Im Sorry, the sarcasm in my post wasn’t as clear as I thought. It was purely TIC

Powerbait DPM

1/27/22 5:36pm

There are also quite a few on here that are very out of touch with what people

BYUFootballisBack

1/27/22 4:56pm

I get your point, but I also think that people have come to expect too much.

AggieWeekendCougar

1/27/22 11:13pm

I agree. The wants and needs compass is totally out of wack. My wife and I are

Cougphysio

1/28/22 12:09am

One thing that really helped us was creating a personal allowance within our

Powerbait DPM

1/28/22 11:26am

We have "personal funds" so it's guilt free money to do what you want with but

Cougphysio

1/28/22 4:21pm

That will be me in about 18 months. 30 year payment at 3% will be $1500.

Powerbait DPM

1/28/22 4:24pm

<< Deleted >>

canofpicante

1/28/22 11:16am

Go back 50 years to 1970 median income was $9870

mottman

1/27/22 10:16am

We'd need to dig into the numbers more to know if your conclusion is accurate

Belboz

1/27/22 10:17am

But I'm told smartphones or something make up for all that, so it's ok.

Mitty

1/27/22 1:29pm

Now post the avg cost of a new car and home in 1970. Eye opening

CarolinaCoug

1/27/22 9:56pm

Not a lot of 1970s era cars, technology, medical care, goods & services that are

BYU'01

1/27/22 10:23pm

Where are you getting your estimates of inflation?

BYU'01

1/27/22 10:12pm

I have heard people talk about more women getting into the workforce in the past

crack

1/27/22 10:22am

Progressives tend to push hard on getting women into the work force and

hansel

1/27/22 1:34pm

Is this what I actually make, or what IRS thinks I do?

viper

1/27/22 10:50am

Define income. I am uncertain what we are looking at here. Gross? AG? Net?

thecthdox

1/27/22 3:46pm

this chart is useless. Household income is the statistic that matters.

Mayor of Cougartown

1/27/22 4:56pm

For single adults, household income doesn't measure anything

donnerstag

1/28/22 7:53am

that's not what household income means. They are still one household even

Mayor of Cougartown

1/28/22 12:00pm

I e posted this before. In 1971, Nixon took the US off the gold standard.

Brigham

1/28/22 7:00am

Here you go, this is what we're talking about. All those productivity gains

Mitty

1/28/22 11:23am

Part of the reason/push for crypto

BYUFootballisBack

1/28/22 4:25pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad