Household incomes fall 3 years in a row. New Census data says real household income fell again last year, down almost $4,000 in three years. For double-earning households, it fell closer to $7,000. And that’s not counting what 7.5% mortgages are doing to people. Krugman’s not having it; in a fawning CNN interview he complained regular Americans don’t appreciate the miracle of Biden-nomics — “It’s just surreally good… Even optimists are stunned.” Between looming recession, rising oil prices, and American manufacturing on the ropes from Greens and China, there’s a lot more pain coming to stun those optimists. see clip below
Household incomes fall 3 years in a row.
New Census data says real household income fell again last year, down almost $4,000 in three years.
For double-earning households, it fell closer to $7,000.
And that’s not counting what 7.5% mortgages are doing to people.
Krugman's… pic.twitter.com/pBa82vdVrY
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