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A comment on the US economy and the EU were the same size in 2008, the US is now nearly 2X. Parent comment

Re:the US economy and the EU were the same size in 2008, the... by clipsy on Monday July 17, 2023 @09:00PM (#36766396)
The cutoff for 90th percentile in the US for individual income is $132k[0], certainly not >$200k. I'm guessing you looked at household income.

[0]: https://dqydj.com/average-median-top-individual-income-perce...

[ Parent | on HN ]
Re:the US economy and the EU were the same size in 2008, the... by selectodude on Monday July 17, 2023 @09:12PM (#36766499)
Your numbers are adjusted for CPI. They’re not nominal.
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Re:the US economy and the EU were the same size in 2008, the... by imtringued on Tuesday July 18, 2023 @06:41AM (#36770292)
Your objection is nonsense.

>Median individual income in the United States was $46,001. It is up from $44,225 in 2021.

The graph shows 2022 with a median income of $46,001. That means the 2022 data hasn't been "adjusted for CPI" because duh. When you adjust for CPI you choose a reference year which can't be anything but nominal and other years are brought to the same price level. This means that the $44,225 from 2021 have been adjusted upwards to $46,303. You can disregard the 2021 numbers, just as clipsy did (he only posted numbers for 2022), and just click your way to the 2021 post if you want the nominal numbers for 2021.

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Re:the US economy and the EU were the same size in 2008, the... by lukas099 on Tuesday July 18, 2023 @10:27AM (#36772894)
Still definitely enough to live on your own.
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