Price of a house then and now? Two income housholds over one? The cost of higher education? Medical costs?
http://csmonitor.com/2004/0908/p03s01-usec.html
Salary squeeze threatens middle America
By some measures, fewer people are managing to stay in the middle class.
But recent Census data confirm that the median household income - a level where half of US households earn more and half less - has fallen by $1,500 between 2000 and 2003.
Get out!
What shall we call this phenomenon?
Why don't we call it "inflation"?
We should get the government to track this "inflation" thing: how's about we get the Dept of Labor's BLS to track these changes?
Does that sound like a plan?
My suggestion is that they call it the "Consumer Price Index", but if you can come up with a better name, more power to ya.
Now that we've got that sorted out, what are the chances we could get the Census Bureau to put out a set of annual statistics that take inflation into account?
What do you think, Destro? What are the chances?
A damn site better than your following the link in my #188, which if you did, would have illustrated to you that we had a recession in late 2000, and that median income is still on an upward trend.
Can you get your head in the game here Destro?