according to the US census bureau the mediun household income was increased to $65,000between 2016 and 2020... between 2011 and 2015 it was $58,800...
something tells me you are a Union DUDE? is that correct?
do you work in the automotive industry?
"Pennsylvania saw its typical household’s income growth slow from 6.2% in Obama’s last three years to 4.7% in Trump’s first three years, while median household income growth in Wisconsin declined from 7.1% to 6%. In New Hampshire typical household income growth slowed from 7.2% between 2013 and 2016 to 3.1% from 2016 to 2019, while in Iowa it slowed from 4.5% to 3%. Nationally, median family income growth in Trump’s first three years was almost identical to the rate of growth in the three years prior to his presidency, according to one of the two main Census surveys. A second Census survey shows that median household income growth actually slowed in Trump’s first three years to 2.1% annually compared with 2.6% annually during Obama’s last three years."
"Measured by median household income, however, 26 states saw slower growth under Trump even before the pandemic – including in half of the 2020 battleground states identified by The Cook Political Report, a nonpartisan newsletter that analyzes campaigns and elections. They include Georgia, North Carolina and Ohio, along with Iowa, New Hampshire, Pennsylvania and Wisconsin. In addition, two states with battleground districts, Maine and Nebraska, saw median household income growth slow in real terms. The slowing income growth in most states during the Trump years came despite the fact that the president inherited a strong economy, unlike his predecessor, who took office during the worst downturn since the Great Depression. Obama was carrying us out of a very deep and long recession, and Trump inherited that. If anything, it's notable that real income didn't rise any faster under Trump than it did under Obama, despite the stimulus that his tax cuts were supposed to provide,” said Nari Rhee, director of the retirement security program at the University of California, Berkeley’s Center for Labor Research and Education."
"Stephen Moore, Trump’s former economic adviser and a senior fellow at the Heritage Foundation, has recently argued that Trump rescued an economy in serious financial trouble. Family incomes surged to record-high levels in 2017, 2018 and 2019 as deregulation and tax cuts fueled a powerful engine," Moore wrote in an editorial earlier this month. Yet, for the first half of the Trump administration, during 2017 and 2018, real income growth for the typical household grew at less than half the rate it did in the two years before he took office, according to a previous analysis by Capital & Main and the Economic Policy Institute."
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food for thought...
Proud IBEW member and gladly support all unions.