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This one is not great news, some may even say we are cooked. Here is a logarithmic graph of: ๐ŸŸฉ Average Annual Income ๐ŸŸฆ Average Annual Spending (An estimate for Cost of Living) It does not look bad at first but ...
3 upvotes, 4 comments. Sidechat link post by Anonymous in Personal Finance. "This one is not great news, some may even say we are cooked. Here is a logarithmic graph of:

๐ŸŸฉ Average Annual Income
๐ŸŸฆ Average Annual Spending (An estimate for Cost of Living)

It does not look bad at first but ..."

(Personal Consumption Expenditures*10^9)/(Total Population: All Ages including Armed Forces Overseas*10^3) | FRED | St. Louis Fed

fred.stlouisfed.org

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Anonymous 18w

Here is that same graph but looking at those same values as annual percentage change

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Anonymous 17w

Just turn it 90 degrees for a new perspective

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Anonymous 16w

Why did it skyrocket all of a sudden?

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Anonymous replying to -> #2 15w

Spike was around 2020, many things going on there including COVID

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