*For more detailed 'INFORMATION'/'SEARCH' on the 'AUTHOR', 'SUBJECT' and 'RELATED TOPICS' Google - YouInformation followed by - the authors 'NAME'/'TITLE' or - 'SERIES' title.
That chart on median personal income is adjusted for 2005 dollars. Look on the left hand column. That means it is inflation adjusted for 2005. Therefore wages actually increased at the same rate that prices increased. Otherwise the chart would have wages falling since it is inflation adjusted.
Lots of great info, unfortunately not may people will give a shit let alone understand what it means, my advice to them is learn to give a shit and learn how it will affect you, because it will. Thanks :)
That chart on median personal income is adjusted for 2005 dollars. Look on the left hand column. That means it is inflation adjusted for 2005. Therefore wages actually increased at the same rate that prices increased. Otherwise the chart would have wages falling since it is inflation adjusted.
dpla5762 1 year ago
Lots of great info, unfortunately not may people will give a shit let alone understand what it means, my advice to them is learn to give a shit and learn how it will affect you, because it will. Thanks :)
eyeswideopennimrod 1 year ago