Stagnate Median Income
from  One-Page Economic Issues

Median Income Grew by Only 5.9% over 50 years     BUT Proper Statistics Paints a Different Picture     And Our Wealth Creation Lead Over Japan/Germany Increased

Why We're Winning     Rumors of the American Dreamís Demise Are Exaggerated     Improvement Will Continues
 

 

Median Income Grew by Only 5.9% over 50 years
Two Big Drops Negated Gains

 

Politicians and Media Like This Quick But Low Growth Estimate. Using the CPI to deflate current earnings under estimates wage growth. Since 1965 Fringe Benefits and Household Composition Have Affected Income growth. Measuring Middle Class Wellbeing Requires Adjustments for Appropriate Inflation Measure, Fringe Benefits and Household Type.  See U.S. Economic Normality 1945-2015 and Economic Wellbeing

 
 

BUT Proper Statistics Paints a Different Picture

Source Whatís Up with Wage Growth? from the FED

 

 
 

Our Wealth Creation Lead Over Japan/Germany Increased


 

 
 

Why We're Winning

Note how US and Germany Adjusted Wages and Benefits to Benefit Growth.
Comparing Each Countries Worker Social Safety Net Would Be Interesting.

 
 

 

Rumors of American Dream DemisExaggerated

Rumors of American Dream DemisExaggerated

 

 
   
 

Source

 

Improvement Will Continues

Questions to be Answered
How much of our increased production can be redistributed
without causing slower European level growth?

Would a European level safety net risk less production,
 less full-time employment?

Should thought be given to cost effectiveness where government uses the most production:
 education, military, social security/health care?

Should we adopt the Laboratories of Democracy concept of
U.S. Supreme Court Justice Louis Brandeis and allow states to experiment
with their own Education Manifesto
    Return to Election Issues 2016      7/23/16