[xzins]

I am telling you that I just did the math.

He is impressed that it's risen, but it hasn't risen at the pace of inflation. The math don't lie.

It should be $50,550 to have kept pace with inflation of 4%. If 3% (which is clearly low) it should have risen to 40,600. Either way he's not kept pace with inflation with his rise to 36000.

[The Old Hoosier]

No, you're re-indexing it again. Inflation is accounted for already. You are re-accounting for it.