3 ms·
Your numbers are adjusted for CPI. They’re not nominal.
by selectodude 3y ago
Your numbers are adjusted for CPI. They’re not nominal.
- imtringued 3y agoYour objection is nonsense. >Median individual income in the United States was $46,001. It is up from $44,225 in 2021. The graph shows 2022 with a median income of $46,001. That means the 2022 data hasn't been "adjusted for CPI" because duh. When you adjust for CPI you choose a reference year which can't be anything but nominal and other years are brought to the same price level. This means that the $44,225 from 2021 have been adjusted upwards to $46,303. You can disregard the 2021 numbers, just as clipsy did (he only posted numbers for 2022), and just click your way to the 2021 post if you want the nominal numbers for 2021.