41–50 of 219 posts
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
It is a sad situation. But the article doesn't support the title. Because I only see one time point. And "vanishing" requires comparison. A few decades ago, at what was arguably the peak of the US middle class, relatively few adult married women worked outside the home. But of course, they did work. It's just that they didn't get paid. Or rather, they got paid through sharing their husbands' income. What's happened s…
A different, but simple comparison would be to take minimum wage in 1968 ($1.60), adjust for inflation ($11.62 - 2017) and then compare to our current minimum wage ($7.25). So had minimum wage been tied to inflation, it would be right around $12/hr right now.
>There is one important caveat to keep in mind when thinking about our dataset. The SSA numbers include any wage earners whatsoever, even part-time workers like students and teenagers. not leading with this feels like poor reporting
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
I can see if it’s your little brother or little sister and helping out with some tuition though.
Also hand-me-downs are okay.
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
edit: I think this actually falls into the usual increadably left case. Its just straight up communism. Or perhaps a universal basic income equivalent.
>There is one important caveat to keep in mind when thinking about our dataset. The SSA numbers include any wage earners whatsoever, even part-time workers like students and teenagers. not leading with this feels like poor reporting
> 48% of wager earners had net compensation less than or equal to the median wage I'm surprised. I expected that 50% of wage earners would make less or equal to the median wage. If for no other reason than the definition of median.
Uh, are you thinking mean? Median is lining up every salary, counting to N/2, and selecting the number you happen to fall on.
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Further, "while average pre-tax income for the bottom 50% has stagnated at around $16,000 since 1980, the top 1% has experienced 300% growth in their incomes to approximately $1,340,000 in 2014. This has increased the average earnings differential between the top 1% and the bottom 50% from 27 times in 1980 to 81 times today."
https://www.businessinsider.com/income-inequality-us-economy...
The Financial Times recently published this, which may also be of interest: https://ftalphaville.ft.com/2018/01/04/2197227/eight-charts-...
Earlier quoted context omitted.
Most?
I mean, do you want a specific number? Because if you go to the Wikipedia page for "List of US Metropolitan Statistical Areas", you'll see the following Amarillo TX population: 265,000 NY, LA, CHI, DAL, HOU, DC, MIA: 70,000,000