Birdwatch Note Rating
2023-07-28 01:10:29 UTC - HELPFUL
Rated by Participant: 5C33EC4192B1D25639F4E2EB36B645231DA598E60DED846DB8DE2E6B47638C1F
Participant Details
Original Note:
The series that the often cited $4887 figure is from excludes large amounts of low income earners https://www.irs.gov/pub/irs-soi/30soirepar.pdf Personal income per capita in 1930 was $621 whereas personal income per capita in 2022 was $65280. https://fred.stlouisfed.org/series/A792RC0A052NBEA Adjust for inflation that would by $10760 in 2022 https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=621&year1=193001&year2=202206
All Note Details