You would have to earn $380,000 per year to have the same wealth as your average gilded age peasant.

Wages Have Decreased by 92% Over The Last 130 Years Since the Gilded Age:

View post on imgur.com

You are looking at the evidence right in front of you.

Admittedly the 92% figured is for the shit-hole known as LA.

If you use the US average, wages have only decreased by the following:

$72,000 after tax = roughly $126,000 / year before tax.

(1 – 30 / 126) = a decrease of 76%

h/t Queue_for_Q

Got a news tip or correction? Let us know

If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.

3 views