REUTERS/Larry Downing - U.S. President Barack Obama (C) is joined by former U.S. Presidents George W. Bush (L) and Bill Clinton (R) in the Rose Garden of the White House in Washington while speaking about disaster aid to Haiti, January 16, 2010.
Household income growth under four American presidents
March 6, 2015,
The conventional wisdom about the American economy is that, in spite of the recovery, middle-class Americans are still hurting. A new Brookings paper from the economist Rob Shapiro upends the conventional wisdom, offering a more accurate look into what’s been happening to Americans and their pocketbooks. In this post, Elaine Kamarck highlights salient points from the paper.