Drudge Retort: The Other Side of the News
Sunday, September 16, 2018

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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Kinda runs against the prevailing narrative that the middle class is on the decline ...

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GREAT!

And all that occurred before President Trump's tax reform in December 2017 and his first budget.

Good to know and notice.

#1 | Posted by TrueBlue at 2018-09-16 03:48 AM | Reply | Newsworthy 1

Winning.

#2 | Posted by sawdust at 2018-09-16 08:05 AM | Reply

Kinda runs against the prevailing narrative that the middle class is on the decline...

I haven't argued that but if you read more than the headline you would see that most of the increase is from more people working and working longer hours not from wage gains.

Now middle class may be gaining financial ground but at he cost of mom working 40 hours a week while dad works 60 (or vice versa not trying to be sexist), that does not make for a great home life and I expect for many of the middle class in this situation it is not quite the dream they thought they signed on for.

#3 | Posted by TaoWarrior at 2018-09-16 08:23 AM | Reply | Newsworthy 10

Incomes for full-time male and female workers declined slightly last year, the Census Bureau found, a reminder that wage gains have been sluggish and mostly wiped out by rising prices for gas, rent and other necessities.

Winning

#4 | Posted by reinheitsgebot at 2018-09-16 08:27 AM | Reply

Mad, "Kinda runs against the prevailing narrative that the middle class is on the decline"

Why would you say that right after printing this: "the increased income is from another job in the household and not wage increase."

Most people in the middle class are in debt, using home equity or unsecured credit to maintain their lifestyles and stressed out. Inflation exceeds wage growth.

#5 | Posted by bayviking at 2018-09-16 09:57 AM | Reply | Newsworthy 11

This is --------. And anybody with half 'a brain knows what the real deal is.

See 3 & 5.

#6 | Posted by Angrydad at 2018-09-16 10:06 AM | Reply | Newsworthy 4

This is clearly Obama's fault!

#7 | Posted by getoffmedz at 2018-09-16 10:07 AM | Reply

In case you're reading from the Comments Section, the "Mad" BayViking is referring to is Madbomber. Not Madscientist.

#8 | Posted by madscientist at 2018-09-16 10:13 AM | Reply | Funny: 1

"This is --------. And anybody with half 'a brain knows what the real deal is."

Exactly. The Trumpers are so desperate for indicators that Orange Jesus is actually having a beneficial affect on the middle class but he simply isn't. When the gain income is due entirely to a third job that pretty much tells you, folks are desperate to maintain what they have in this era of huge tax cuts and huge deficits so that the 1% can gain even more income inequality. Their greed is insatiable.

#9 | Posted by danni at 2018-09-16 10:13 AM | Reply | Newsworthy 2

#9. I also read that the IRS is collecting record taxes, so somebody other than the 1% is taking it on the chin - like me, for instance. I quit one of my two jobs just before the election, because I'm getting old and tired (and my ex works there, which was kind of weird), but I sorta wish I hadn't. I smell a financial disaster - Big Crash - just around the corner.

#10 | Posted by Karabekian at 2018-09-16 10:28 AM | Reply | Newsworthy 2

Working more and making more, how awful.

#11 | Posted by visitor_ at 2018-09-16 10:58 AM | Reply | Funny: 1


@#11 ... Working more and making more, how awful. ...

There is a distinct and discernible difference between "middle class household income" and "middle class wages."

The "income" in the article is the total household income, not the wage rate of a person.

From the cited article:

...The extra pay from having another person in the home employed again or working additional hours is the largest factor contributing to rising income, the Census Bureau said.

"We're continuing to see a shift from part-time to full-time work, so some of that could explain an increase in income," said Trudi Renwick, an assistant division chief at Census Bureau....


#12 | Posted by LampLighter at 2018-09-16 11:17 AM | Reply | Newsworthy 1

OH WATS THE DIFFERENCE?!
~the ever hating left

#13 | Posted by phesterOBoyle at 2018-09-16 11:25 AM | Reply

The ultimate irony of this is that Trump could be sitting on a 60-70% approval rating if he had just kept his mouth shut and fingers off of the Twitter machine.

Instead, he has just half those numbers.

Irony.

#14 | Posted by Hans at 2018-09-16 11:30 AM | Reply | Newsworthy 1

Working more and making more, how awful.

#11 | POSTED BY VISITOR

One of the few things that American's do exceptionally anymore is overwork.

And what we're seeing is that the growth from said over work going to those at the top, not those doing the work.

So yeah, it's pretty awful.

#15 | Posted by jpw at 2018-09-16 11:51 AM | Reply | Newsworthy 4

OH WATS THE DIFFERENCE?!
~the ever hating left

#13 | POSTED BY PHESTEROBOYLE

Do you ever say something worth reading?

#16 | Posted by jpw at 2018-09-16 11:52 AM | Reply

"Working more, making more, and nothing to show for it, how awful."

FTFY

#17 | Posted by Angrydad at 2018-09-16 11:56 AM | Reply

Much of the income growth in recent years is from people getting jobs again, but economists across the political spectrum agree that wage growth has been disappointing and that the working class would likely be doing even better if pay and productivity would rise.

"Income growth was dominated by putting people back to work after the Great Recession and not wage growth," said Douglas Holtz-Eakin, head of the right-leaning American Action Forum and a former economic adviser to GOP presidential candidates.

Incomes for full-time male and female workers declined slightly last year, the Census Bureau found, a reminder that wage gains have been sluggish and mostly wiped out by rising prices for gas, rent and other necessities.

Emphasis mine.

So. Much. Winning.

Right guys?

#18 | Posted by jpw at 2018-09-16 12:16 PM | Reply | Newsworthy 1

Pay no attention to the income levels of the 1%

#19 | Posted by hamburglar at 2018-09-16 12:26 PM | Reply

Working more for less.

Winning?

#20 | Posted by hatter5183 at 2018-09-16 01:17 PM | Reply

Thanks again, Barack Obama.

#21 | Posted by e1g1 at 2018-09-16 04:10 PM | Reply

Kinda runs against the prevailing narrative that the middle class is on the decline ...

POSTED BY MADBOMBER

Wrong

Here you go ...

Jobs Aren't A Solution To Poverty

www.drudge.com

Since 1973, American productivity has increased by 77 percent, while hourly pay has grown by only 12 percent. If the federal minimum wage tracked productivity, it would be more than $20 an hour, not today's poverty wage of $7.25.

American workers are being shut out of the profits they are helping to generate.

The decline of unions is a big reason. During the 20th century, inequality in America decreased when unionization increased, but economic transformations and political attacks have crippled organized labor, emboldening corporate interests and disempowering the rank and file.

This imbalanced economy explains why America's poverty rate has remained consistent over the past several decades, even as per capita welfare spending has increased.


What is and isn't "middle-class" is not the question that needs to be asked ... the question is why are people angry.

And the answer is rooted in why American wages haven't kept up with the overall growth of the economy.

#22 | Posted by PinchALoaf at 2018-09-16 05:01 PM | Reply | Newsworthy 3

Everyone is working themselves to death. It's no good. I hate it.

#23 | Posted by BruceBanner at 2018-09-17 12:03 AM | Reply | Newsworthy 1

Living here in Ft. Lauderdale, the easiest way to gauge the growth of income inequality is to view the size of the yachts owned by the 1%. Those people piss more money away in a week than most of us earn in a lifetime.

#24 | Posted by danni at 2018-09-17 06:26 AM | Reply | Newsworthy 1

Winning.

#2 | POSTED BY SAWDUST

It's from before Trump did anything...

Winning. Thanks Obama.

#25 | Posted by Sycophant at 2018-09-17 01:02 PM | Reply

Holy crap. The definition of American privilege is being able to ask "Can I get a job that pays well even when I don't have any skills" over "Can I get a job at all??".

And so many people think bitching about other types of privilege is ok. What a sham and very disrespectful to the country. Yeah, the situation sucks but trying to say unemployment doesn't help poverty is the very definition of stupid amounts of privilege.

"...the easiest way to gauge the growth of income inequality is to view the size of the yachts owned by the 1%."

Actually, all that does is prove how math works. Good job! You get a gold star today! To put it more clearly so you understand, if my stocks go up by 1% one day and I make $5k from that, a rich person who has a million more times of stock will make more like $500k...and can go buy a yacht. That's not inequality, that's just living in two different tax brackets. You aren't proving anything about inequality. You are proving basic math. Inequality is when two people stand in front of the yacht and someone says that one person isn't allowed to get a job and work hard to eventually buy a yacht but the other person is allowed to do that. THAT'S inequality. We can never fix an issue if people can't even get the definition of the problem right.

#26 | Posted by humtake at 2018-09-17 01:17 PM | Reply

#26 HUMTAKE

How hard is this ...

Jobs Aren't A Solution To Poverty

www.drudge.com

Since 1973, American productivity has increased by 77 percent, while hourly pay has grown by only 12 percent. If the federal minimum wage tracked productivity, it would be more than $20 an hour, not today's poverty wage of $7.25.

American workers are being shut out of the profits they are helping to generate.

The decline of unions is a big reason. During the 20th century, inequality in America decreased when unionization increased, but economic transformations and political attacks have crippled organized labor, emboldening corporate interests and disempowering the rank and file.

This imbalanced economy explains why America's poverty rate has remained consistent over the past several decades, even as per capita welfare spending has increased.


... to understand?

#27 | Posted by PinchALoaf at 2018-09-17 01:22 PM | Reply | Newsworthy 2

#26 HUMTAKE
How hard is this ...
Jobs Aren't A Solution To Poverty
www.drudge.com
Since 1973, American productivity has increased by 77 percent, while hourly pay has grown by only 12 percent. If the federal minimum wage tracked productivity, it would be more than $20 an hour, not today's poverty wage of $7.25.
American workers are being shut out of the profits they are helping to generate.
The decline of unions is a big reason. During the 20th century, inequality in America decreased when unionization increased, but economic transformations and political attacks have crippled organized labor, emboldening corporate interests and disempowering the rank and file.
This imbalanced economy explains why America's poverty rate has remained consistent over the past several decades, even as per capita welfare spending has increased.

... to understand?

#27 | POSTED BY PINCHALOAF

You know he won't read it. He will ignore it. That's the Republican way.

#28 | Posted by Sycophant at 2018-09-17 01:32 PM | Reply

Outpaced by price inflation. Real income is down again.

#29 | Posted by IndianaJones at 2018-09-17 01:58 PM | Reply

The people I speak with work multiple shifts to make enough for medical costs, let alone buy shares of the company they work for.

They are not even close to "middle class", these are well over 60 years old and working all week long, but the bills are growing. Many of them have kids in worse situations. People do not have savings - it's not possible on minimum wage, let alone if you have extended family to protect. The United States government is absolutely predatory to the poor and only distributes money to the 1%.

How can the homeless population increase when this alleged jobs market is so accessible? Because the jobs increase is a total lie. They remove people from the count who are homeless, medically unfit for work and if you live in a household with multiple families.

You people who live off dividends should experience having to actually ----ing work, otherwise you are scum.

#30 | Posted by redlightrobot at 2018-09-17 05:26 PM | Reply | Newsworthy 2

What? Trump was Prez all of 2017. except for 3 weeks

He immediately started reversing the bad policies of Obama

#31 | Posted by Maverick at 2018-09-17 09:05 PM | Reply

He immediately started reversing the bad policies of Obama
POSTED BY MAVERICK AT 2018-09-17 09:05 PM | REPLY

Trump's economy didn't start until October 1 2017 at 12:01 AM. His economy is only 11 months old. BTW What do you consider Obama's bad policies??

#32 | Posted by LauraMohr at 2018-09-17 09:09 PM | Reply

amazing, Obama has been out there taking credit for the great economy... ... ... ... ... .I thought the Dems said it sucks? the left here on the Drudge Retort has stated this economy sucks. Obama has stated it's his doing that it so great

which is it?

#33 | Posted by Maverick at 2018-09-17 09:10 PM | Reply

amazing, Obama has been out there taking credit for the great economy... ... ... ... ... .I thought the Dems said it sucks? the left here on the Drudge Retort has stated this economy sucks. Obama has stated it's his doing that it so great

which is it?

#33 | Posted by Maverick

Before the election trump said the unemployment numbers were fake, now he says they're great.

Which is it?

#34 | Posted by SpeakSoftly at 2018-09-17 09:14 PM | Reply

"which is it?"

Look at the graph of the unemployment rate for the past ten years and get back to us.

Bonus points if you read this sentence and get back to us: "Since 1975, practically all the gains in household income have gone to the top 20% of households."

#35 | Posted by snoofy at 2018-09-17 09:15 PM | Reply

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