this post was submitted on 07 Apr 2024
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The figure referenced in this tweet is likely referring to the 2021 net compensation chart we saw making the rounds a few weeks back. Indeed, it's correct, ~50% of all Americans made less than 35k per year in net total compensation in 2021.
In 2022, that figure rose to ~40k. So the trend is going in the right direction, at least. And IIRC, the chart does include teenagers, college students, people working part time or underemployed, etc.
Also, that first "stop" sentence is a bit 'ironic', considering that statistically, in the US at least, the poorer you are, the more children you have.
50k 2023 https://dqydj.com/average-median-top-individual-income-percentiles/
The difference between top 10% and top 1% is shocking. And if they included 0.1% it would probably make all the other bars too small to see the difference at all.