plummbob t1_jadetov wrote on February 28, 2023 at 5:13 PM

Reply to comment by chairmanbrando in Richmond Public Schools principals unionize by CrassostreaVirginica

>stagnant wages

Besides, absent land rents, capital share of net income isn't even that great

class conflict is a nice theory if you need to a distant other to blame when you have actual market power from economic classes

but for locally caused problems -low public amenities, poor schools, underperforming infrastructure, high housing costs, pockets of intractable crime are all entirely RVA's locally sourced problems...and is it really the uber-rich causing the poor performance the these things?

take this bonkers of a story. kinda hard to blame jeff bezo's for unsafe streets when its the residents themselves that turned out to protest improving them

gravy_boot t1_jadj2dy wrote on February 28, 2023 at 5:39 PM

> doesn’t look flat to me

Is this data normalized to the cost of living, or anything else?

plummbob t1_jadk2rl wrote on February 28, 2023 at 5:46 PM

whenever you see the word real in something like real income or real wages in a dataset like this, it means its adjusted for inflation.

gravy_boot t1_jaekpay wrote on February 28, 2023 at 9:38 PM

Here's another image. It doesn't say real on it, but it is.