FUN WITH ECONOMICS

Posted in Uncategorized by Baba - Sep 14, 2017

This sounds like a 60’s folk song… “Where Have All The Raises Gone?”

Anyway, the “good news” is that the average annual income for the median (half make more and half make less) American household is $59,039!

So you think companies are paying their workers more and that’s why the family income is up?

Well, no. Sorry. The average male in the average American household is now making about the same (adjusted for inflation) as he was 44-years ago, in 1973!

So where’s the fatter paycheck? It’s hers!

Women are getting paid more than they once were and that’s what caused the new all-time high average family income. The man of the house has not gotten paid more.

So, yes, companies have been giving raises to their employees who identify as females!

There you go. Economics 101.

 

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