Quote:
Originally Posted by Vendzilla
From the link I posted if you had bothered to read
For the inflation-adjusted mean, family income fell from $87,312 in 2007 to $82,843 in 2012, the most recent year available. That?s a drop of $4,469, making Portman correct. In fact, he underestimated a bit.
The difference is even more stark if you use the inflation-adjusted median. By that measure, family income dropped from $67,943 to $62,241 over the same period. That?s a drop of $5,702 -- an 8.3 percent decline over five years.
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yea i was wondering as well.
furthermore, there has been a boatload of money printing in that period, all sent offshore.. so the real inflation hasn't had much of a chance to cause much notice for US based dollar value