3 ms·
Inflation from 15 years ago to now is 33%[0]. Inflation from 30 years to now is 107%[0]. So yeah, median incomes are dropping. [0]: According to this calculat
by albrewer 2y ago
Inflation from 15 years ago to now is 33%[0]. Inflation from 30 years to now is 107%[0]. So yeah, median incomes are dropping.
[0]: According to this calculator - https://www.usinflationcalculator.com/ https://www.usinflationcalculator.com/
- jefftk 2y agoYou're adjusting for inflation twice. The numbers I gave in my comment, and in the chart I linked, are after inflation adjustment. Here's the equivalent chart without inflation adjustment, which gives the (incorrect) impression of sharply rising incomes: https://fred.stlouisfed.org/series/MEHOINUSA646N https://fred.stlouisfed.org/series/MEHOINUSA646N
- albrewer 2y agoYou're right, and that's 100% on me for not clicking your link.