Money & Economics
- Thread starter bigredfish
- Start date
I had seen a version of this graphic before, but it only went to 2017. This one is CURRENT and adjusted to 2023 dollars...
Sybertiger
Known around here
The chart shows the lower class group shrank thereby supposedly pushing them into the middle class and the middle class shrank thereby supposedly pushing them in to the higher class?
Exactly. The often-mocked economic concept of Trickle Down has been happening for over 50 years. I had to look up what 100k in 2023 dollars was in 1970--- just under $12,000