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That’ll be Why the Median is Barely Over 40
(lemmy.world)
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this post was submitted on 12 Jun 2024
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https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/
Keep in mind that household income really means 2 income sources, not average American income
Thats not the source of any of the stats in the meme though? There's no way the average income outside of the top 1000 is that low. Heck, that's not even a large proportion of "the 1%"
That's probably the number that includes people that don't work though.. all the income numbers would shift down in that case
That’s generally excluded and even if it’s not unemployment has been very low recently
Yeah I'm seeing 40k but a bunch of other numbers as well, some above 50k. It really comes down to how you measure it but in any case the numbers in the meme don't make sense.
BTW though unemployment is not the same as number of people not working. It refers just to people actively looking for a job that aren't employed.
I think it’s just hyperbole. The median numbers are accurate enough even if meme was made 5 years ago
But none of the numbers in the meme are medians... they're all averages. If they were all medians they wouldn't change at all.
The problem with the unemployment statistic is that it doesn't include most people we would consider unemployed. If a person hasn't actively been job searching in the past four weeks, they are not counted. Therefore it does not count prisoners, full-time students, retirees, most of the homeless, etc.
Considering none of images include year information, the figures are rounded to even 0s, and the fact that it’s a meme…
It’s more than close enough. We’re arguing peanuts here, the premise of the meme is factual and backed by the data. But I admire your quest for truth and precision
Nah it's not even CLOSE to true though, that's what I'm trying to say haha. The influence of the top 1000 on average income is off by at least an order of magnitude, probably more. I don't like it when people double down on false information by saying "well it still makes a good point/it might as well be true/I would totally believe it if it actually happened"
… the premise is that the upper class weigh heavily on the national average.
Aquila showed you that it was still around 40k.
Which you tried to disarm by saying that you found that number, 50k and other numbers without any sources.
Census.gov says median household income was 74k which is right around 35-40k per person when considering household income as 2 sources of income.
I don’t like when people try to distract, dismay, divide relevant talking points for the upcoming election.