Typical American Families Making Less Than They Were in 1989

by Michael Collier on Sep 19, 2013 | Views: 62 | Score: 0
Sources: census.gov
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Michael Collier
Michael Collier on Sep 19, 2013 1:04 PM said:

New U.S. Census data reveals that after adjusting for inflation, the typical middle-class American family is making less than it was in 1989. Since the Lehman collapse in 2008 and subsequent financial crisis, middle-class households have lost all the gains made after the 2001-2003 recession, and have even seen the undoing of all income gains made in the 1990s boom.