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To: LowCountryJoe; Hoplite
again - like I said to just throw the real incomes and not compare it to purchasing power is a false test.

Price of a house then and now? Two income housholds over one? The cost of higher education? Medical costs?

207 posted on 09/28/2004 8:14:56 PM PDT by Destro (Know your enemy! Help fight Islamic terrorism by visiting www.johnathangaltfilms.com)
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To: WilliamofCarmichael; LowCountryJoe; Hoplite
Spam anyone?

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.

209 posted on 09/28/2004 8:20:02 PM PDT by Destro (Know your enemy! Help fight Islamic terrorism by visiting www.johnathangaltfilms.com)
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To: Destro
Are you implying prices change over periods of time?

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?

211 posted on 09/28/2004 9:10:09 PM PDT by Hoplite
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