this post was submitted on 20 Aug 2023
1047 points (81.6% liked)

Memes

45724 readers
716 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago (1 children)

https://www.pewresearch.org/short-reads/2022/04/20/how-the-american-middle-class-has-changed-in-the-past-five-decades/ You'll need to provide some sources for that. This data suggests that poverty levels haven't varied much in the last 50 years. Middle class has shrunk but this did not appear to impact poverty rates.

[–] [email protected] 10 points 1 year ago (1 children)

You can start with unemployment rates

[–] [email protected] 1 points 1 year ago

Unemployment rates are not poverty rates. And those have been pretty stable since 1950. Less than 4% in 2018 and 2019 for example.

https://www.thebalancemoney.com/unemployment-rate-by-year-3305506