Sunday, December 18, 2016

Where We Spend Our Money

Between 1941 and 2014, Americans spent money on most of the same things, with a few changes. Housing has persisted as a large area of spending for Americans, as has the food category. However, spending on food and clothing has fallen when adjusting for inflation while spending on education and health care has risen quickly.

That’s according to Bureau of Labor Statistics data, adjusted for inflation and representing median spending of all Americans, charted here.

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Look at how little we have spent on reading and education. Perhaps that explains why we're such dumbasses.

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