Quote:
Originally Posted by Vendzilla
Wages are up, but Income remains 1.6% lower than it was in 2000, when it hit $57,790, and 2.4% below the 1999 peak at $57,909. Median earnings for men working full-time are still lower than they were in the 1970s
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Yes, this is correct. Income remains less than it was in 2000 before the recession. But we are clearly heading in the right direction.
Why would we want "change"? Do we want income to go back down? Do we want unemployment to go back up?
The recession we had is not a "four or eight year problem". It's a ten to twenty year problem. There is no magic button to push to fix this.