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income adjusted per inflation? And dont forget, back then it was usually one parent working.. to make more money..
And if you dont think Government is at least partially to blame for these wages, you're kidding yourself.
Average wage in 1984=$16,135.07
Adjusted for inflation, today that would equal $37,155.85
In 2015, average wage was $44.6K
Were $10K richer today and the unemployment rate is lower than when Reagan ran for re-election, yet Trump supporters still think Trump is going to win in a diverse electorate with a relatively stable economy
Adjusted for inflation, today that would equal $37,155.85
In 2015, average wage was $44.6K
Were $10K richer today and the unemployment rate is lower than when Reagan ran for re-election, yet Trump supporters still think Trump is going to win in a diverse electorate with a relatively stable economy
Not entirely a full picture..
If we're so much richer, then why the heck is welfare through the roof?
This. Anyone thinking a 1980-style win for Trump could occur doesn't understand how big of a factor this is. With 1980 demographics, Trump would win the election easily.
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