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A comment on Our Broken Economy, in One Simple Chart. Parent comment

Re:Our Broken Economy, in One Simple Chart by CalChris on Tuesday August 08, 2017 @01:31PM (#14960219)
You need to adjust those numbers for inflation [1]. The result for inflating $17,000 from 1970 to 2000 is $75,448.45. So $119,600 is about a 37% increase which is not a lot more than 34%.

[1] http://www.usinflationcalculator.com/

[ Parent | on HN ]
Re:Our Broken Economy, in One Simple Chart by sharemywin on Tuesday August 08, 2017 @01:40PM (#14960320)
here are better numbers: https://www.census.gov/construction/nrs/pdf/uspricemon.pdf

Jan 1970 $23,600(adjusted for inflation 148,993.25)

Jan 2017 $317,400

The other one stopped at 2000.

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Re:Our Broken Economy, in One Simple Chart by sharemywin on Tuesday August 08, 2017 @01:42PM (#14960353)
213%
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Re:Our Broken Economy, in One Simple Chart by sharemywin on Tuesday August 08, 2017 @01:44PM (#14960375)
75448*1.37 = 103363

I come up with 58% higher.

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