Description
The eight tables presented in this article are updated versions of the eight tables that were presented in publications by this author that contained calculations through 1999 [Ireland, 2000] and updates through 2001 [Ireland, 2000-01], 2003 [Ireland, 2002] and 2005 [Ireland 2006]. A basic rule for all calculations provided in this series has been that the data in making the calculations must come from the Economic Report of the President (henceforth ERP). Tables 1-4 have been prepared on the same basis as in all three previous versions of the table except that the tables now include data for the year 2007. Tables 1-4 begin with 1956 and end with 2007, allowing 50 year comparisons to be made between various discount rates and both the CPT (Consumer Price Index) and the MCPI (Medical Consumer Price Index). Tables 5-8 begin with 1965 and end with 2007, allowing 40 year comparisons to be made between various discount rates and Average Weekly Earnings for all American workers.
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