Millennials may eat avocado toast but they still spend less of their income on superfluous bullshit than Gen X did http://bit.ly/2rEXLFx pic.twitter.com/Rugy8Pow1u
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All I'm saying is take the pay now & adjusted to 1980 & 91% expenditures with 25% of pay wich would make millennials ALL poverty stricken!
Your adjustment math was bass-ackwards
Dude the expenditures line is a percentage
91% then 77% now on frivolous. Pay 2/3 less then or 3× more now & graph holds no meaning. Yes more can be spent if you have more
But if millennials got $22.03/hr now that they wouldn't spend 2× more on luxurious items? Or id gen x made $1.30 they'd buy so frivolously?
But cut off for gen x is 1980. I would suggest you are actually reading the graphic wrong too. Dip in fractional exp includes many gen xers.
My point is the math is bass-ackwards when millennials earn 3× less now u can't expect them to spend frivolously or same if gen x made $1.30
Pluss it implies that the ability to spend $63K when only $53K was earned. No they'd have to do with less also witc negates reasoning
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