Hacker News new | ask | show | jobs
by cheez 5590 days ago
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?
1 comments

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.

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