Middle-class Income at Record Levels

Middle-class income rose to the highest recorded levels in 2017 and the national poverty rate declined as the benefits of the strong economy lifted the fortunes of more Americans, the U.S. Census reported Wednesday. This Washington Post story also poin…

Middle-class income rose to the highest recorded levels in 2017 and the national poverty rate declined as the benefits of the strong economy lifted the fortunes of more Americans, the U.S. Census reported Wednesday. This Washington Post story also points out that the “Census Bureau income data is for 2017, before President Trump and GOP leaders in Congress passed tax cuts and scaled back regulations on businesses” and also notes that the increased income is from another job in the household and not wage increase.

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