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The reality of income growth

Loren Pechtel

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-Americans-Are-Making-More-Money-Than-Ever-Before-3415



The reality: all brackets are benefiting. And note that this chart understates the effect because it's based on household income and the average US household has shrunk.

But people notice the things that go up (housing) and don't notice the things that go down (most consumer products.)
 
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