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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (348793)8/30/2007 2:35:29 PM
From: TimF  Respond to of 1586973
 
He used the 1920s and the depression as an example of how you can't compare bubble tops to economic downturns. That's a reasonable point. If he expressed it in two strong of terms, it doesn't invalidate the data he presented.

And when you factor in inflation most salaries have dropped [albeit a small one] in the last ten years:

1 - Salaries aren't total compensation. Total compensation has increased faster then salaries.

2 - Your link shows salaries growing in the last 10 years.

3 - There is no particular reason to use the last 10 years over any other period but since you seem to like it

Median family income for the US 1997 $43500, 2007 $59000
hud.gov

The inflation calculator I'm using only goes to 2006 but $43,500 in 1997 is $54048.50 in 2006 dollars.

westegg.com