Commodity Trade Mantra

Posts Tagged ‘Real Median Household Income’

Where Did the GDP Growth Go? Not into Wages

Real household income — which includes both earned income and unearned income such as dividends and interest–has plummeted 8.5% since 2000. This is a striking contrast with real GDP growth of 31.6%: the economy has expanded 31.6% after adjusting for inflation, while real median household income has declined 8.5%.

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