Working through my ignorance with your help.
Pretty good. Link coming up.
Any idea what the national average income was in those years?
Aon: Ask and you shall receive:Entry in Wikipedia for personal income over timeSpecifically: in 1950, median personal income was $2570 for men, and $953 for women. In 2004, it was $30,513 for men, and $17,629 for women.
So the national debt in the US is, on average, about one years income per head and has been since time immemorial? Cool.
Pretty good. Link coming up.
ReplyDeleteAny idea what the national average income was in those years?
ReplyDeleteAon: Ask and you shall receive:
ReplyDeleteEntry in Wikipedia for personal income over time
Specifically: in 1950, median personal income was $2570 for men, and $953 for women. In 2004, it was $30,513 for men, and $17,629 for women.
So the national debt in the US is, on average, about one years income per head and has been since time immemorial? Cool.
ReplyDelete