this post was submitted on 20 Aug 2024
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Explaining the inflation rate (lemmy.world)
submitted 2 months ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works
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[–] AShadyRaven@lemmy.zip 2 points 2 months ago

the median household income in America has increased $6,000 since 1990

If this was adjusted for inflation, this increase would be $115,000

https://nces.ed.gov/programs/digest/d22/tables/dt22_102.30.asp?current=yes