On the recordOctober 28, 2005
In nominal terms it was larger. In actual terms, not in nominal, in actual terms if you made $5 in 1993 and you make $5.10 now, you are technically making more money. Nobody in the world believes you are making more money. And that misrepresentation, we should not have gotten into this debate because it is the subject of a long debate with significant disagreements between the sides, on fiscal responsibility.
Source
govinfo.gov




