What are your views regarding Washington Post article, titled "U.S. middle-class incomes..."?

What are your views regarding the data, about this country's economy, in today's (9/13/17) Washington Post article, titled "U.S. middle-class incomes reached highest-ever level in 2016, Census Bureau says"? https://www.washingtonpost.com/business/economy/us-middle-class-incomes-reached-highest-ever-level-in-2016-census-bureau-says/2017/09/12/7226905e-97de-11e7-b569-3360011663b4_story.html?utm_term=.f4a603e388ca This article seems like a hyped up "feel-good" piece about how everything is improving in the country. I just get the feeling that the data is somehow being used to distort reality, like using the "median household" income instead of what I would think would be more important like "median individual" income, just to name one way. I'd be interested to know your take. Thanks.

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  • Bob Ellenbogen
    published this page in Ask Prof. Wolff 2017-09-13 11:13:55 -0400