Re:Many Americans who live paycheck to paycheck blame debt
by WillPostForFood on Saturday July 20, 2019 @03:40PM
(#20487848)
I wouldn't say US median income is stagnant, more like volatile. It climbed from 50k to 60k between 1985 and 2008, collapsed back to 55k during the recession and slow recovery in 2012, then climbed back to an all time high of 61k by 2017. But that actually supports your point: it is very difficult to predict a "safe" time to take on debt.
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Re:Many Americans who live paycheck to paycheck blame debt
by pault on Saturday July 20, 2019 @04:07PM
(#20488015)
Is that adjusted for inflation?
Re:Many Americans who live paycheck to paycheck blame debt
by sokoloff on Saturday July 20, 2019 @04:14PM
(#20488057)
“Real” income is adjusted for inflation (by definition). The contra would be nominal income (or typically unqualified is also nominal).
Re:Many Americans who live paycheck to paycheck blame debt
by telotortium on Saturday July 20, 2019 @04:10PM
(#20488032)
It's real income, so yes.