More Americans are making more money.Here we are in 2016: still lower than 2007. The Obama legacy of Keynesian economic failure.
The U.S. Census Bureau released new numbers on Tuesday showing that, after a brutal economic recession and years of stagnation, real median household incomes rose from $53,718 in 2014 to $56,516 last year. That's a 5.2 percent rise — the first statistically significant increase since 2007.
But, as NPR's Pam Fessler notes, "the median household income was still lower than it was in 2007."
Tuesday, September 13, 2016
The median household income was still lower than it was in 2007. Census Bureau: Poverty Rate Down, Median Incomes Up
Posted by Steve Bartin at 6:23 PM