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To: JasonC
Compared to 1950 thats great.

I can buy a soda for a dime and hamburger for a quarter. Dude I can live forever on a wage like that...

Hey, wait, there's inflation involved... its more complicated than a simple number.

You graduated from MIT... figure it out...

239 posted on 02/04/2006 8:34:28 AM PST by maui_hawaii
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To: maui_hawaii
University of Chicago actually.

It is 64% higher than in 1990, while the CPI has moved up only 54% in that time. Total economic growth has been still faster, because there are 25 million additional people working, as well.

245 posted on 02/04/2006 8:38:02 AM PST by JasonC
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