[blurry]

Average US salary in today's dollars:

1930 - $ 250,000 2010 - $ 50,000

Add to that the declining purchasing power of the dollar, the growing income disparity and the thinning out of the middle and upper-middle class, etc, etc.

Average life expectancy in the US:

1930 - 60 yrs 2010 - 78 yrs

Clearly, Mr. Buffet's statement is PR rather than fact.

[cheez]

I don't understand your salary number. Do you mean that if you earned $250K in 1930, that is equivalent to $50K today? Isn't that good?

[blurry]

The line break disappeared when I posted. With the line break, it was:

Average US salary in today's dollars:

1930 - $ 250,000

2010 - $ 50,000

So, no, it's not good. When adjusted for inflation, the average American has about 5 times less purchasing power.

[cheez]

I understand now but you should have some sources to back that up!