this post was submitted on 16 Jun 2024
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The bottom 10th percentile covers people making less than $22,880, according to BLS.
That firmly excludes the ~~median~~ mode of American households, by wages. The vast majority of Americans were not helped by that number. Is it good that it happened? Yeah, absolutely. It wasn't Biden though. And it isn't most Americans. And it isn't the economy as a whole.
Yeah, I definitely don't know why I've spent so much time on this 🥲
This is like trying to explain to a drunk person why they can't drive home