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San Diego Housing Bubble News and Analysis |
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POLL: Is your 2008 income more, less or equal to your 2000 income ?
Submitted by HarryBosch on August 25, 2008 - 7:24am
More than
0% (0 votes)
Less than
0% (0 votes)
Equal to
0% (0 votes)
Total votes: 0
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I was in college in 2000, so it'd be pretty hard to not be making more at this point.
Significantly less. That was my last year in a corprate sale environment. Mine was a personal choice to travel less/make less/enjoy kids more which i have been very happy with. Money isnt everything....at least not me.
Is this inflation adjusted dollars? And does this include any dot.com toilet paper coverted options?
With me its nominal dollars
Nope, not inflation adjusted. And only paychecks/commissions/bonuses.
I expect the majority of people here would vote that they are making "more than" they did in 2000 because the majority of people here are in their 30's (30-39) based on an earlier poll. Usually those are your high earning years. And they are coming out of their low-earning 20's.
So it's kind of a wasted poll - piggington.com is definately not a cross section of America :)
yeah.. I wasn't out of college too long in 2000.. so I'm making much more
With the dollar worth only half as much as what it did in 2000, I would hope everyone got a raise.
Well, this poll really doesn't say much... I have 8 years more experience now than in 2000 so of course I am paid much more! and that probably applies to most people. If you're asking if the SAME job pays less now than in 2000 then yes, income has gone down. Infact, I am in IT and entry level jobs are very hard to come by these days since all of those are sent to India and China.
FLU, Kev374,
I probably should have asked for inflation adjusted dollars. There are more than a couple different ways to phrase this type of question to make it more meaningful. Oh well, next time.
Oops!
I didn't realize that when you change the duration of the poll, after there's been voting, that you inadvertently "reset" the poll. Sorry about that. Oh well, the original poll question needed to be changed to get more meaningful results.
Haven't really thought about it until just now; but its about 20% more.
I've always had to either change jobs or threaten to quit to get a raise, however.
I was a doctor in training in 2000. I make a lot more than that now.
I graduated in 1999, so my salary now is 66% higher than it was in 2000.
Assuming that inflation is 4% per year, then it is only 21% higher.
I was also in residency. My income is probably 4X greater now.
All you new doctors out there - congratulations.
BTW, are the costs of medical school as bad as it sounds?
Are you able to budget the loan payback and still save something toward your future goals (house, retirement, savings, etc.) ?
Navydoc,
My niece got a ROTC scholarship and will be going into the Air Force after she gets her degree. Did you do something similar and, if so, were you able to complete Med School and then go into the service ?
(BTW, my nephew also got a ROTC scholarship and will be going into the Army once he gets his degree. ROTC is popular back in Colorado - not so much out here in California.)
I joined the reserves as an undergrad for the GI Bill money, then applied for the HPSP (Health Professions Scholarship Program) when I was accepted to medical school early in my senior year. This paid for medical school COMPLETELY, including books and, at the time, a monthly stipend of just under $1000/month. I think the stipend is nearly $2000/ month now. This in my estimation is the absolute best deal going for medical school reimbursement. I incurred ZERO debt from medical school, and the military pays their residents somewhat better than civilian programs after you graduate. The trade-off of course is I might have to go to the sandbox at some point, but to me it's all worth it. I grew up a poor kid in rural Pennsylvania, without the Navy I wouldn't be a doctor today.
And by the way, the Army and Air Force have similar programs.
Thanks Navydoc,
I'll pass this on to my niece!
Much success in your profession!
Our income increased by 250%. But commodities increased by 300%, so I guess our income went down in real terms.
Which is why this "poll" is meaningless no matter which party you pledge allegiance.
I made $7.50 an hour in 2000 as a Jr in high school. I was a mail clerk in a cube farm. I do better than that now as an aerospace engineer... still in a cube farm tho... how'd that happen.