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Household Income Hits First Record Since 1999: Why Did It Take So Long?

ArmchairPoliticianHouseholdIncome, September 16, 2017, By Brad Peery, WWW.ArmchairPolitician.US, ArmchairPolitician.US@gmail.com

*Median household income reached a record $59,039, up an inflation adjusted 3.2%, from a year earlier, after a 5.2% gain in 2015. However, the previous record was set in 1999. In the intervening years, there was the technology downturn that started in 2001. Recovery from that was underway when the housing bubble burst from 2007-09. That recession was followed by a very weak recovery under the Obama administration.

The Trump administration is focused on tax cuts for the middle class, and it is no wonder, with median household income having been flat for 18 years. Making the growth suspect were some changes in the way household income is captured that appear to make the level somewhat higher than it would have been had the calculation methods not changed.
*New Record for Household Incomes, Wall Street Journal, By Ben Leubsdorf, September 12, 2017

ArmchairPolitician.US Opinion:
The growth rate of median household income has been non-existent for almost twenty years. This has been particularly hard on those below the median income level. The Trump policies of attempting to get income growth above 3% of GDP, combining that with tax reductions, and job growth will be an outstanding prescription to aid ailing family incomes, should those policies be successfully implemented.

26 comments to Household Income Hits First Record Since 1999: Why Did It Take So Long?

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      Blog Site: http://WWW.ArmchairPolitician.US
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      Blog Site: http://WWW.ArmchairPolitician.US
      Email: ArmchairPolitician.US@gmail.com

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      ArmchairPolitician.US book on Amazon and Kindle, Title: Trump’s Political Agenda and Achievements

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      We at ArmchairPolitician.US have published our first book on Amazon. We have also published it on Kindle. Its title is: Trump’s Political Agenda and Achievements, By ArmchairPolitician.US and Brad Peery.

      I thought you might have an interest in getting an update on our website that is organized by subject, making it easier for you to get an overall picture of each of the subjects, countries, and events that are going on and affect U.S political issues and possible solutions.

      I look at this as the first edition of what will be our first of publication. I plan to update the book about every 3-4 months as an update to our blog site http://WWW.ArmchairPolitician.US. I plan to continue posting political blogs on http://WWW.ArmchairPolitician.U.S.

      If what I am doing is of interest, please buy the book and let me know you have done so. I will then put you on a preferred list that can stay in touch with me personally, and with whom I can communicate directly.

      Thanks for your interest in our blog, and hopefully our book, and staying in touch with us.

      Brad Peery & ArmchairPolitician.US

      Book: WWW. Amazon.com, Trump’s Political Agenda and Achievements
      Blog Site: http://WWW.ArmchairPolitician.US
      Email: ArmchairPolitician.US@gmail.com

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      ArmchairPolitician.US book on Amazon and Kindle, Title: Trump’s Political Agenda and Achievements

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      We at ArmchairPolitician.US have published our first book on Amazon. We have also published it on Kindle. Its title is: Trump’s Political Agenda and Achievements, By ArmchairPolitician.US and Brad Peery.

      I thought you might have an interest in getting an update on our website that is organized by subject, making it easier for you to get an overall picture of each of the subjects, countries, and events that are going on and affect U.S political issues and possible solutions.

      I look at this as the first edition of what will be our first of publication. I plan to update the book about every 3-4 months as an update to our blog site http://WWW.ArmchairPolitician.US. I plan to continue posting political blogs on http://WWW.ArmchairPolitician.U.S.

      If what I am doing is of interest, please buy the book and let me know you have done so. I will then put you on a preferred list that can stay in touch with me personally, and with whom I can communicate directly.

      Thanks for your interest in our blog, and hopefully our book, and staying in touch with us.

      Brad Peery & ArmchairPolitician.US

      Book: WWW. Amazon.com, Trump’s Political Agenda and Achievements
      Blog Site: http://WWW.ArmchairPolitician.US
      Email: ArmchairPolitician.US@gmail.com

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      ArmchairPolitician.US book on Amazon and Kindle, Title: Trump’s Political Agenda and Achievements

      Hi,

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      We at ArmchairPolitician.US have published our first book on Amazon. We have also published it on Kindle. Its title is: Trump’s Political Agenda and Achievements, By ArmchairPolitician.US and Brad Peery.

      I thought you might have an interest in getting an update on our website that is organized by subject, making it easier for you to get an overall picture of each of the subjects, countries, and events that are going on and affect U.S political issues and possible solutions.

      I look at this as the first edition of what will be our first of publication. I plan to update the book about every 3-4 months as an update to our blog site http://WWW.ArmchairPolitician.US. I plan to continue posting political blogs on http://WWW.ArmchairPolitician.U.S.

      If what I am doing is of interest, please buy the book and let me know you have done so. I will then put you on a preferred list that can stay in touch with me personally, and with whom I can communicate directly.

      Thanks for your interest in our blog, and hopefully our book, and staying in touch with us.

      Brad Peery & ArmchairPolitician.US

      Book: WWW. Amazon.com, Trump’s Political Agenda and Achievements
      Blog Site: http://WWW.ArmchairPolitician.US
      Email: ArmchairPolitician.US@gmail.com

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      ArmchairPolitician.US book on Amazon and Kindle, Title: Trump’s Political Agenda and Achievements

      Hi,

      Thanks for your comments and interest in the ArmchairPolitician.US blog.

      We at ArmchairPolitician.US have published our first book on Amazon. We have also published it on Kindle. Its title is: Trump’s Political Agenda and Achievements, By ArmchairPolitician.US and Brad Peery.

      I thought you might have an interest in getting an update on our website that is organized by subject, making it easier for you to get an overall picture of each of the subjects, countries, and events that are going on and affect U.S political issues and possible solutions.

      I look at this as the first edition of what will be our first of publication. I plan to update the book about every 3-4 months as an update to our blog site http://WWW.ArmchairPolitician.US. I plan to continue posting political blogs on http://WWW.ArmchairPolitician.U.S.

      If what I am doing is of interest, please buy the book and let me know you have done so. I will then put you on a preferred list that can stay in touch with me personally, and with whom I can communicate directly.

      Thanks for your interest in our blog, and hopefully our book, and staying in touch with us.

      Brad Peery & ArmchairPolitician.US

      Book: WWW. Amazon.com, Trump’s Political Agenda and Achievements
      Blog Site: http://WWW.ArmchairPolitician.US
      Email: ArmchairPolitician.US@gmail.com

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