Birdwatch Note Rating
2023-07-18 18:32:28 UTC - HELPFUL
Rated by Participant: 3765CA200B3D098D1F594F1DD96A1CB4D25146094EFEADA49D3A9E63DA23296D
Participant Details
Original Note:
Average family income in 1933 was only $1500[1], which is about $35K adjusted for inflation using the CPI[2]. Real median household income was about $70K in 2021[3], even though households/families are smaller now than in 1933 & welfare programs aren't included. [1] https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/family-and-home-impact-great-depression [2] https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1500&year1=193301&year2=202306 [3]https://www.census.gov/library/publications/2022/demo/p60-276.html
All Note Details