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In response to
"I think the point is the enlarging difference between the groups, not the absolute current difference. -- nm"
by
ty97
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sure, but it looks to my untrained non-economist eye that 25 years of inflation would help that 65 year old number...
Posted by
TFox
Apr 4 '12, 07:49
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and that yes, you'd also apply inflation to the 35 yr old's number, but that loss of $8k does more to help the comparison (if they lost another $1,000, seniors would make 80 times more!), and I don't think there's any doubt that young people today generally spend money like it's water. Totally including myself in that.
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