Anonymous #2 11w

Now show inflation

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Anonymous #3 11w

It’s already adjusted for inflation, thats what “real” means. Here’s the graph without an inflation adjustment.

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Anonymous #2 11w

Now show the cost of everything

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Anonymous #3 11w

What do you think the consumer price index is?

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Anonymous #2 11w

Would be higher without conservative policy. Those plummets were due in part to those policies. Rising income inequality, massive debt take on, and a focus on short term gains is ultimately not smart. As such supply side or trickle down economics is a horrible idea.

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Anonymous reallynow 11w

A better look into this would be the Alice Index. https://www.unitedforalice.org/essentials-index

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Anonymous reallynow 11w

Definitely a lot of conservative policies that were destructive but the point remains that liberal economies tend to enrich the common man. Debt is a bipartisan issue, and the recent short sightedness in American business practices were incentivized by short sighted regulations such as section 162. Nothing wrong with the ALICE index, but its odd to call it “better” when its simply measuring something different. Median income has outpaced the ALICE index so this seems like a moot point.

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Anonymous #2 11w

The point looks towards Supply Side economics, supported by Republicans conservative policies which is what the post was about. Debt is a bipartisan issue, but it is due in large to conservative leadership and legislative support. Median income is essentially just not the right metric to judge how the economy is doing as compared to the Alice Index. No matter if it is outpaced.

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Anonymous reallynow 11w

The ALICE index attempts to track price increases of only essential goods. If median incomes are growing faster than the price of essentials (and they are) how is that not a good thing? Do you prefer to look at the price increase devoid of the context of purchasing power?

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