Even After Health Care, Per Capita Income Keeps on Rising

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Here’s another chart. I don’t know why I did this one. I was looking at some other stuff, and then one thing led to another. But it seemed kind of interesting. Even after you account for ever-rising health care expenditures, personal income has been steadily rising for 60 years.

This does not show medians, so don’t make too much of it. Especially over the past couple of decades, it’s skewed by the massive income increases of the top 1 percent. A more interesting measure, I suppose, would be median disposable income after median out-of-pocket health care expenditures. Maybe I’ll root around one of these days and see if I can find that.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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