Missing some really important variables, there (inflation, buying power, etc)… while using metrics that present an a deliberately inaccurate picture (median rather than average, and not adjusted for outliers).
Basically, this chart is useless, deceptive propaganda.
If it used the mean you’d complain about that too, since it’s higher than the median. The median already completely throws out any outliers. That’s why it’s lower than the median because the distribution is right skew
Missing some really important variables, there (inflation, buying power, etc)… while using metrics that present an a deliberately inaccurate picture (median rather than average, and not adjusted for outliers).
Basically, this chart is useless, deceptive propaganda.
It’s inflation adjusted
If it used the mean you’d complain about that too, since it’s higher than the median. The median already completely throws out any outliers. That’s why it’s lower than the median because the distribution is right skew