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1. franci+(OP)[view] [source] 2021-01-22 19:13:25
A recent episode of NPR: The Indicator covered this. "real disposable income per capita in the U.S. has gone up by about 6 percent year-to-date from last year. Right now, it's on track to reach the fastest rate of growth since 1984." Basically the super high savings rates by people who stayed employed and didn't vacation, go to restaurants, drive, etc. outweigh those getting hammered by unemployment. Also the stimulus checks were given to everyone. https://www.npr.org/podcasts/510325/the-indicator-from-plane...
replies(1): >>TheCoe+Jr2
2. TheCoe+Jr2[view] [source] 2021-01-23 17:48:37
>>franci+(OP)
This is the problem with averages. For a majority of people, it is up. For a large minority, it is down catastrophically. That averages out to slightly up.
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