alt Hacker News>That chart doesn't make the case you think it does. Real median household income rising [...]
Where are you getting household income from? It clearly says "Personal Income"
>That chart doesn't make the case you think it does. Real median household income rising [...]
Where are you getting household income from? It clearly says "Personal Income"
You're right, I was mixing up the related charts. Still, this makes my case even stronger since personal controls for adding more earners to a household. If real median personal income only rose from ~$28k in 1974 to ~45$k today, that's a 60% increase. Median personal income rising by 0.9% every year over 50 years compared to healthcare rising by 3-4% every year since 2000 is not a gap you can ignore. Necessities grew at nearly 3 to 4x the income rate.
So the case that quality of life is trending downward is still completely valid and shows why you can't just point at a single graph and say "see? line go up therefore quality of life fine"