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Culture War Roundup for the week of May 27, 2024

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Unless this is wrong, it has decreased since 2018. Something else I’m interested in knowing (but haven’t found yet) is a really solid income x cost of living estimate which accounts for the higher paid jobs increasingly being in high cost areas, eg white American well-paid professionals moving into Silicon Valley or city centers — “average cost of living” tells us nothing about specific cohorts. Have white American wages since 2010 actually accounted for white Americans moving to higher cost areas? Idk. Also curious if it accounts for delayed age of retirement and delaying work because in grad school? Maybe someone smarter than me can inform on that.

the right has no human capital

I don’t disagree but I do think they can develop this, over time

I don't have it by race but 2021-22 were kind of down years across the board that have reversed more recently. Even moreso for wealth.

https://fred.stlouisfed.org/series/LES1252881600Q

But without getting into the quarterly bouncing ball the trend at the frequency of a few years is still strongly up.

Adjusted for inflation net worth since Biden took over increased less than 1% per household. This is much less than when Trump was president.