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This is Income Inequality? Family Incomes Continue Falling.

In his column today at CNS News, Dan Mitchell writes that he doesn't "understand the left’s myopic fixation on income inequality. If they genuinely care about the less fortunate, they should be focused on policies that produce higher incomes . . . instead, they agitate for class warfare and redistribution, which leads me to believe that many of them hate the rich more than they love the poor."

Meanwhile, at Investor's Business Daily this evening, John Merline points out that not only did family income fall in March, but is "now 5% below pre-recession level." According to Merline:

". . . Real median family income fell in March, to $54,203, back to where it was in September 2009.

"Sentier Research — which uses Census data to compile monthly income statistics — found that family incomes plummeted more after the recession than during the recession itself, bottoming out in mid-2011.

"After that, family incomes started to make a painfully slow climb. But even now, nearly six years after the recession ended, they are still 5% below where they stood at the previous peak in early 2008, just as the recession was starting. At the current pace, it will take several more years for family incomes to reach that peak again.

"Another way to look at it. Under President George W. Bush, this income measure averaged $56,081 — despite his presiding over two recessions. That's 6% higher than the average under Obama and 3.5% above the latest March figure.

"If this constitutes a "breakthrough year" for this administration, that isn't saying much for how it measures success."

In concluding his column, Mitchell says "the goal should be to make the pie bigger," adding that his "main point (is) that the focus should be growth rather than inequality."

If members of Congress are not talking about economic growth, what are they talking about? We urge Growls readers to contact their members of Congress to ask what they are doing in support of economic growth. Contact information is available at Thomas (use left-hand column). Taxpayers living in Virginia's Arlington County, should contact:

  • Senator Mark Warner (D) -  write to him or call (202) 224-2023
  • Senator Tim Kaine (D) -- write to him or call (202) 224-4024
  • Representative Don Beyer (D) -- write to him or call (202) 225-4376.

Ask for a written response. And, tell them ACTA sent you.


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