Quote:
Looks like real income per household member in 2003 is only 76% of what it was 20 years earlier.
The real income figures are already adjusted for inflation--that's what the "real" part means. You have inflated the figure a second time.Originally Posted by LabDad
$16,420 in 1983 has the same buying power as $30,344 in 2003.Looks like real income per household member in 2003 is only 76% of what it was 20 years earlier.