(This is not meant to be a political post. Please do not misunderstand my intention.)
Let's face facts: The median income of the American family peaked in 1999.
[caption id="attachment_6087" align="aligncenter" width="400"] Median Household Income - source http://www.davemanuel.com/median-household-income.php[/caption]
Take some note of that chart. First off, it's about household income in real dollars. Economists like to measure things in "real" terms---what they do is they baseline
Let's face facts: The median income of the American family peaked in 1999.
[caption id="attachment_6087" align="aligncenter" width="400"] Median Household Income - source http://www.davemanuel.com/median-household-income.php[/caption]
Take some note of that chart. First off, it's about household income in real dollars. Economists like to measure things in "real" terms---what they do is they baseline
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