Respectfully (legit), George is technically correct with a huge asterisk
The “adjusted for inflation” dollars are typically Chained CPI-U, which is a basket-of-goods measure that does not include housing or health care costs
fred.stlouisfed.org/series/MEHOI...
en.wikipedia.org...
The “adjusted for inflation” dollars are typically Chained CPI-U, which is a basket-of-goods measure that does not include housing or health care costs
fred.stlouisfed.org/series/MEHOI...
en.wikipedia.org...