What Obama Can Learn from Reagan, Clinton

By mining new Census Bureau statistics that report household income by age, Shapiro discovered that growth in family income for average Americans was “broad and robust” throughout the administrations of presidents Ronald Reagan and Bill Clinton, but then abruptly stopped during the eras of George W. Bush and Barack Obama. This focus on changing income patterns of different age groups over time was a far less “messy” way of measuring aggregate median income than, for example, examining all households from teen years to 64, he explained.

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