this post was submitted on 06 Nov 2024
826 points (91.5% liked)
Microblog Memes
6025 readers
1888 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Here's the median, in inflation-adjusted dollars:
https://www.statista.com/statistics/200838/median-household-income-in-the-united-states/
It bombed in 2022 and then went back up. It'll be higher in 2024 than it ever was, and it'll probably keep going up until anywhere from 0 to 2 years into Trump's presidency, and then it'll bomb again much harder as everything goes completely to shit. The normal cycle would be that it gets handed back over to a Democrat in 2028, he spends the first 2-3 years of his presidency fixing things from the previous Republican's disaster as happened in 2009-2012 and in 2021-2022, and then during the next election everyone blames that 2-3 years on the Democrat and says the Republicans are better with money.
We're about to go so far off the map that it seems unlikely for that cycle to happen this time, but that would be the normal cycle.