Quote:
Originally Posted by wdmso
President Donald Trump claims that annual income for the typical household is up by an inflation-adjusted $5,000 since he took office.
is this Trumps you can keep your doctor lies that outrages so much , because I kept my doctor and not the 5k he says I should have .
Typical household or did you miss that part I am a typical household ... is that a NO or a yes that you made 5k more working normal hours ,,, not counting over time .. or is this to hard to figure out?
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look up “median”.
or read chapter 1 of any economics text ever written. What you will
learn, is that when the demand for something goes up, the cost goes up. When the supply of something goes down, the cost goes up. With a growing economy and very low unemployment, that means the demand for labor is increasing, but the available supply is low. That means the cost of labor ( wages) will increase.
You asked, so I’ll answer. I’m making more than $5k more than i did in 2016. So are many, many people.
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