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Contents
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Contacting The Reagan Foundation
Deficits & Debts
The Expansion
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Tributes |
IncomesIncome. Just the sound of that measure of economic well-being makes liberals chant the litany of fear. Any way you slice it, Americans earned more in the Reagan expansion. Median family income, median household income and average household income: up every year 1982-9. See also the comparison for income and wealth and a visual representation of income trends and a visual representation of GNP growth. To dispel the notion that women were forced to work in the 1980s, take a look at income for female wage earners: up 1982-9. In other words, American wage earners propsered throughout the 1980s and women went to work because the tax cuts made it affordable to, not because they "had" to work. This is proven by the fact that both individual income and median income were rising. For a period in which the median income falls along with individual income (thus forcing spouses to work) one must travel back to the Carter years! Another sign of the broad-based expansion is income mobility. Despite rumors (i.e., the unsupported allegations of liberals and the media) to the contrary, there was no static, permanent underclass during the Reagan years. In addition, when Reagan deniers state "the middle class got smaller", they don't finish the fact: because they moved up, not down! You can also look up per capita income figures from the Census Bureau for comparison.
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