Comment by sliverstorm
9 years ago
You realize the absolute number is virtually meaningless? Inflation adjusted is the best number, with the caveat that your inflation index needs to be good.
9 years ago
You realize the absolute number is virtually meaningless? Inflation adjusted is the best number, with the caveat that your inflation index needs to be good.
Not sure how it is better for the article to never include the actual, factual, payment amount. If you have an agenda to minimize the number you only print the original, if you have an agenda to maximize, you only print the inflation adjusted.
It would be better for the article to include both. Because what happens is people start throwing around the 50k number without the "inflation adjusted" like in the parent comment.
No, the inflation adjusted value allows a person reading it to compare it to the buying power of the time they live in to understand how much money it actually was. Having a monetary figure expressed in a time other than as an analog to the present reduces the usefulness of the figure.
I'll take facts over context, but would be happy with both. I'm fully capable of figuring out the inflation adjusted number, but now we don't actually know what they were paid.
I also guarantee you they we will see secondary reporting of this article, and the 50k number will be in it, and the inflation adjusted/today's dollars piece will get lost.
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