I don’t understand what you are trying to say here. I’m not talking about the ranges (over 150k or whatever), I am talking about this sentence:
“During that period median income was essentially flat moving from $63K to $64K.”
INFLATION ADJUSTED income went from 63-64k. Nominal income (which is what’s implied when you just say “income”) increased a lot more than that.[/quote]
He’s trying to pull inflation out of the variable so that he can take an apples to apples approach and make a hypothesis that the difference between haves and have nots increased during that timeframe. Either way it’s not very good research and has a billion homes in it