Birdwatch Note Rating
2023-07-27 23:44:22 UTC - HELPFUL
Rated by Participant: DA7211802AC2F67E5046703B260FEE23F1C572C8A2E694C58DF6CD87BE17C69E
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