07-25-2018, 06:18 PM
(07-25-2018, 05:56 PM)michaelsean Wrote: I would say that's adjusted for inflation. I don't think there's a chance it was $34,000 in 1977. If you adjust the income and not the price of something, then it's just misleading.
https://www.davemanuel.com/median-household-income.php
Well, it's hard to say with complete certainty but if you look at the census bureau. The household median income for 1977 was around $12,000 and for 2014 it was around $53,000. Now if you adjust for inflation they are much closer.
Could be that someone is trying to mislead with the meme.
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