Birdwatch Note Rating
2023-07-27 22:14:10 UTC - HELPFUL
Rated by Participant: 94AC0C0401667573E93B1E7C82D50C1D4F5B81BBE8E4BD5592633B84EB888D9D
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