Actually, Income Growth for the Middle Class Is No Mystery

A NYT article on efforts to overcome stagnating incomes for the middle class bizarrely skipped over the most obvious and proven method: low unemployment. The problem shows up in the very first sentence, which tells readers:


"For average American families, the United States economy is like a football team that cannot move the ball, and has not been able to for 30 years."


Actually, the football team moved the ball very well in the years from 1996 to 2001, when families at middle and bottom of t...

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Published on December 30, 2014 06:30
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