A bloated “public economy” lowers middle class incomes Reply


Inflation-adjusted median household incomes fell by 2.6% during the Great Recession. Obamanomics, which has been characterized by adding $5 trillion to our deficits in the name of stimulating our paychecks, has had the exact opposite effect. Since the recession ended in mid 2009, instead of helping us, it hurt us. Inflation-adjusted median household incomes fell another 4.8%. More…