• funkless_eck
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    1 year ago

    I had to look back at the graph after the explanations so here’s the shortest version

    • “politicians say it’s good you’ve gone from the left line to the right line - an increase in nearly $1000 on average”

    • “they ignore line 2 in the middle which shows that people went up more than twice as much before coming down again to nearly where they were before”

    • so while it’s true to say there’s been an increase, it’s equally true to say there has been a massive decrease too.

    • people who actually have to live like this won’t find it helpful to make a comparison to when they had slightly less money when there was a more recent time that they had a lot more money