kiwiman127
Comfortably Moderate
- Oct 19, 2010
- 11,802
- 3,429
It is when you're making claims on income in real dollars for the typical worker.Real Median Income is not the same thing as Real Dollars.
The chart I attached showed median individual income (typical worker) income in constant 2001 dollars, and it is much higher now than in the 1970s.
Here's the perfect link for you. It expalins in detail exactly what I'm posting and confirms my statement.
Average Hourly Earnings: Deciphering Historical Trends