From the article: “There are now nearly 13 million more U.S. jobs than there were in 2000, for instance, but if median household income is essentially the same, that’s de facto evidence that many jobs pay less than they used to. Housing and financial net worth are indeed at or near new highs, but if the gains are clustered among the wealthy that doesn’t tell you anything about the fortune of the middle or lower classes. Meanwhile, we know income inequality has worsened, meaning the haves have more and the have-nots – well, they flocked to Donald Trump (and his Democratic populist cousin, Bernie Sanders).”
This just shows that our political class has turned the middle class into peasants. This is how they rule.
““There are now nearly 13 million more U.S. jobs than there were in 2000, for instance”
Yeah, but there are 40 million more people living here than in 2000. We were 282 million then, today we are about 322 million. At least 20 million are Mexicans.
I hope one of the first orders of business for Trump will be cleaning up the Bureau of Labor Statistics.
The numbers should be transparent so they can be properly analyzed. Today they are merely propaganda numbers for politicians to manipulate. Disgusting.
Billionaires and their pet politicians, media cohorts are doing fantastically well, the rest of the people have been sacrificed for their globalist wet dreams
There are now nearly 13 million more U.S. jobs than there were in 2000, for instance, but if median household income is essentially the same, that’s de facto evidence that many jobs pay less than they used to.
If median household income is essentially the same in 2015 as it was in 2000, this could simply be evidence that households are smaller than they used to be.
If you really want to compare incomes from one year to the next, a comparison of individual income is a much more accurate indicator than household income.
According to this both legal immigrants and illegals were given the jobs:
http://cis.org/all-employment-growth-since-2000-went-to-immigrants