memes.cjtrowbridge.com

Category: Urbanism - Housing -> This Meme

llama-3.2-vision

The meme is a humorous take on the Great Depression, a period of economic downturn in the 1930s. It states that during the Great Depression, the average American's income was only $1.38 per week, but somehow managed to pay 25% of that in taxes. The meme then jokes that if the average American's income was only $1.38 per week, then the average American must have been incredibly poor.

first-seen

2023-05-10T21:03:42+00:00

tesseract

W@? @RebeccaforWA The median annual pay during the Great Depression was 22% of the cost of an average home. Today's it's 14%. That means that pay relative to home cost made it easier to buy a home during the Great Depression than right now. This is absurd.