If you already know the answer, then why do you need a graph??? I'm guessing your answer is bogus, but just an honest question.
Inflation doesn't increase tax revenue, it correlates with it. If you have inflation without wage growth you will not have an increase in tax revenue. Your smarter than this.
Is your assertion that the growth in federal deficit over the last 70 is immaterial years if you adjust for inflation? That seems likely a pretty asinine belief.
The whole point of the graph is to compare the federal debt at different points in US history. If the graph were adjusted for inflation, this comparison would be fair. Instead, we get the "Oh my god, why can't the government function like they did in 1940?" graph.
Wages do increase with inflation, though usually not at the same rate. The reality is that there are times when federal debt is necessary, especially in a poor economy. The real problem is that other than Clinton's administration, we run a deficit even when times are good. Neither party really cares about paying off the debt, and we will pay for that sooner or later.
Actually it's more relevant like this:
But that's still misleading if we're interested in ability to repay the debt.
Yes, that graph is much better.