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elprincipe said:
 

This is probably a bad idea to continue this discussion, however...

http://www.whitehouse.gov/infocus/economy/

"Real After-Tax Per Capita Personal Income Has Risen By 11.4 Percent – An Average Of Over $3,400 Per Person – Since President Bush Took Office."

"Real Wages Rose 1.3 Percent Over The 12 Months Ending In June. This is faster than the average rate during the 1990s, and it means an extra $782 in the past year for a family with two average wage earners."

Of course, this is taken from the White House website; you may have a source that contradicts that, but it's what the government says.


Yeah, I wouldn't go looking to the White House for accurate economic data. "Real After-Tax Per Capita Personal Income Has Risen" is code for "Bush made a lot of tax cuts." Given that those tax cuts are a major reason for the huge deficit in the huge US Federal budget, it's kind of like me claiming my income went up $10,000 dollars this year because I took out a loan. Any accountant would slap me in the face for saying something that stupid.

  Real wages quite possibly rose 1.3% in the last year. They also quite possibly dropped 1% the year before. This is the best chart for real wages I've been able to find:

 http://www.workinglife.org/wiki/Wages+and+Benefits:+Real+Wages+(1964-2004)

Real wages made some nice gains in the late 90s, but they were pretty flat during Bush's first term. All well below the 70s peak.



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