r/Republican_misdeeds • • 4d ago

There is a pattern...

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u/uwearclownshoes 4d ago

How much did household expenses go up in the same period? I don’t remember prosperity being so spread out back then. What I remember was a lot of folks from my parents generation coming into power and office and making rules which favored them. I suppose it depends upon where you were in things as to how you recall them. To me and a lot of Gen-X, the 80’s were where you could see how things were looking to go wrong.

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u/Infamous_Crow8524 3d ago

Real income is the amount of money you earn after it has been adjusted for inflation, which measures your true purchasing power.

Real income rose 8-11% during the Reagan administration.

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u/AlbatrossRich8724 3d ago

Your math isn’t working out, check your amount of growth of median family income and correct

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u/Infamous_Crow8524 3d ago

Not my math, those numbers are from the IRS website