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Thread: Median household income has been on the rise since Trump's election.

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    Quote Originally Posted by anatta View Post
    you are attempting to describe the consumer driven economy ( I'm getting better at distilling your screed)
    and while that is true the middle class has to
    EARN MONEY and JOBS CREATE DEMAND FOR LABOR WHICH DRIVE WAGE INCREASES.

    You also get economic activity breeds more - that's called "churn" and any activity on any scale produces "churn"
    https://www.industryweek.com/the-eco...my-needs-churn
    it is all there in english, clown. maybe if you could read above a 7th grade level you would not have such trouble.

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    Earl (11-25-2020)

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    This is what drives an economy:

    Corporate Tax Rate

    2016-39%

    2020-21%

    For the Hoosier loon...21%<39%

    Add in long term capital gains tax rate reduction and....

    See Spot run.

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    Quote Originally Posted by Hoosier Daddy View Post
    you need for trump to get an enema and flush your head out of his fat chickenshit ass, boy.
    Take a hike, cabron.

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    Quote Originally Posted by Hoosier Daddy View Post
    it is all there in english, clown. maybe if you could read above a 7th grade level you would not have such trouble.
    ROFL..you write like a gerbil. I got enough of it to decode. I wont bother doing it again

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    Earl (11-25-2020)

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    Quote Originally Posted by anatta View Post
    ROFL..you write like a gerbil. I got enough of it to decode. I wont bother doing it again
    From his less than pristine grammar...he stopped at the seventh grade.

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    Quote Originally Posted by anatta View Post


    That fact: The ordinary (or market-generated) income of the median American household failed to regain its 2000 peak until 2016. In every single annual observation from 2001 through 2015, adjusted for inflation, as the chart above shows, the household at the center of America’s income distribution earned less money than the household at the center did in 2000. Economists and pundits continue to debate whether America’s middle class started to fail itself, or if something started failing the middle class. Regardless of its ultimate interpretation, however, a fact remains a fact.

    Specifically, the chart shows the median household income’s deviation from what it was in 2000, in percentage terms. For instance, in 2012, the median U.S. household income of $56,900 was 9.0 percent below the $62,500 peak it had reached in 2000 (both in 2019 dollars). Only in 2016 did Americans’ median household income surpass its 2000 level, reaching $62,900 and putting the measure in the positive territory from which it has never since registered a fall from. By way of comparison, however, over the same period, Canadian median household income managed to rise steadily. If global factors such as automation (which also affected Canada and other peer economies) had been the reason behind the median household’s plunge in the U.S., this divergence ought not to have occurred.
    https://www.nationalreview.com/2020/...cent-recovery/
    the rise has been wsince 2012...from your own link. You are such a low IQ moron.

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    Earl (11-25-2020)

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    Quote Originally Posted by Earl View Post
    This is what drives an economy:

    Corporate Tax Rate

    2016-39%

    2020-21%

    For the Hoosier loon...21%<39%

    Add in long term capital gains tax rate reduction and....

    See Spot run.

    bull shit you moron. Consumer spending drives the economy

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    Earl (11-25-2020)

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    Quote Originally Posted by BidenPresident View Post
    I m persistently ignorant and love every minute of it
    I know, right?.....
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Hoosier Daddy View Post
    even your graph shows the real recovery began in 2014 under obama. about the same rate under trump until he fucked the economy to pieces, and let 250,000 Americans die, when he totally screwed the response to Covid.
    wow.....yeah, recovery began under Obama.......only six years after he got elected.........lol.....
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by blackascoal View Post
    While you were away in hiding, the middle class has put the boot up Trumps ass and kicked his ass out of the WH.
    don't be silly......the DNC machine in Detroit, Atlanta and Philly did that......not the American middle class......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Hoosier Daddy View Post
    teeny tiny tax cuts for most, but tell me, what do tax cuts have to do with income? are you suggesting a tax cut is income? and is it smart to have tax cuts when we have a 20 trillion dollar deficit?
    tax cuts that create jobs.......jobs filled by people who pay taxes instead of receive welfare........half the twenty trillion dollar deficit occurred under Obama before there were tax cuts......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Hoosier Daddy View Post
    you need for trump to get an enema and flush your head out of his fat chickenshit ass, boy.
    thanks for sharing the sum total of your economic acumen with us.....
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Hoosier Daddy View Post
    no, fuckstick. taxes in no way reflect income. .
    really?.......if people earn more do they pay more taxes?.......i always thought so.......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by katzgar View Post
    bull shit you moron. Consumer spending drives the economy
    Raise the tax rate to 100% and see how much consumer spending you get, cabron.

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    Quote Originally Posted by Earl View Post
    Raise the tax rate to 100% and see how much consumer spending you get, cabron.
    more low IQ from the opioid addict. no need to say such stupid stuff

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