Decades of declining productivity growth and rising inequality have resulted in slower income growth for low- and middle-income families.
The way ahead
Pres. Obama (Archives)
2.6K100

How about negative income growth. Even though I have had raises, my spendable income is less than it was just 4 years ago. Health insurance prices have doubled, at least, and those of us who don’t qualify for subsidies have to pay the full amount, with deductibles that mean there is a net effect of zero coverage for most people. This is the middle class dilemma.

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