for anyone who says we make more than our parents did, if you take - TopicsExpress

for anyone who says we make more than our parents did, if you take into account for inflation our buying power is actually half of what it was in 1989. The median local income (Atlantic City) rose from $25,340 in 1979 to $32,408 in 1989, and then fell to $29,886 by 2012, according to the Urban Land Institute, a Washington-based think tank. Adjusting for inflation, residents have actually seen their purchasing power cut in half since 1989.

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