Wage Earners Median Income levels (adjusted for inflation -2009 dollars)
Reagan took office = $38,549.63
Bush1 took office = $32,225.01
Clinton Took Office = $ 29,467.12
Bush2 Took Office = $ 33,810.81
Obama Took Office = $27,359.12
Median Wages have gone up $400 since Obama has been in office
Does anybody else see a pattern here,,,,,, ?
Median Wages always go down when there is a Republican in the White House and they always go up when a Democrat is in the White House!
The Working Folks know who is looking out for them!
These median wages are reflections of a dying middle class. This is the reflection of the disastrous effects of the HooDoo Economic policies of the GOP reducing taxes on the Super Rich. It is clear that the GOP depresses the Middle Class and Democrats lift it up.
Add to this the fact that the top 400 wage earners income had their Adjusted Gross Income increased by 498%, it is abundantly clear that the Regressive Bush2 Tax Code must be repealed and replaced with a truly progressive tax code that taxes the Super Rich their fair share or the Middle Class will continue to decline under it is no more.
[median income level means there equal number of people who make more and less than the median number]
[ figures are calculated from IRS yearly FIT reports and adjusted to 2009 dollars using the following online calculator - http://www.usinflationcalculator.com/]
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