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[quote=Anonymous][quote=Anonymous]Real median income over the years

1980-2007 average per year: 1.3%
2008-2019 average in per year: 1%
2022-2023 average per year : -0.2%

I am honestly puzzled by this optimism that our investments in the market will keep growing just as they have in the past.

If you look at upward mobility 90% of kids born in 1940 did better than their parents. For those born in 1980 only 40% are doing better than their parents.
[/quote]

You are confusing income with stock market returns.  Stock market returns have been [i]much [/i]higher than wage growth.

When surveyed, people report that their personal situation is fine, but they are increasingly concerned about others.  Living standards are improving, although not at the historic rates of the 1940's.  People with white collar parents often get prestigious humanities degrees with large students loans.  Then they become writers, experience downward mobility, and write about the terrible economy and student loan justice.  Everybody else is fine.[/quote]

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