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.
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.