Job Growth is at its lowest point since 2010 and now the average increase of disposable income is at its lowest since 2009.
2017: 1.5%
2016: 4.1%
2015: 2.7%
2014: 3.7%
2013: 3.0%
2012: 4.6%
2011: 2.5%
2010: 3.5%
Disposable Income at lowest point since 2009
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Re: Disposable Income at lowest point since 2009
What if you just looked at the top 5% in terms of income? That is the group the Republican party cares about. They are getting richer at an unprecedented rate, right?
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Re: Disposable Income at lowest point since 2009
Kevin Graham wrote:Job Growth is at its lowest point since 2010 and now the average increase of disposable income is at its lowest since 2009.
2017: 1.5%
2016: 4.1%
2015: 2.7%
2014: 3.7%
2013: 3.0%
2012: 4.6%
2011: 2.5%
2010: 3.5%
But the finite $ amount of disposable income is at its highest level.
It would be interesting to see disposable income growth and $ broken down by demographic.
“When we are confronted with evidence that challenges our deeply held beliefs we are more likely to reframe the evidence than we are to alter our beliefs. We simply invent new reasons, new justifications, new explanations. Sometimes we ignore the evidence altogether.” (Mathew Syed 'Black Box Thinking')