• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Entertainment
  • feedback
  • Government
  • Home
  • Interviews
  • Members
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Politics
  • Polls
  • Privacy Policy
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • Home
  • Muth’s Truths
  • Politics
  • Government
  • Entertainment
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Politics

Could Hillary really “Restore” the Middle Class?

Could Hillary really “Restore” the Middle Class?
N&V Staff
July 16, 2015

Are you ready for this?

Could Hillary really restore the middle class

(Donald Boudreaux, FEE) – Eduardo Porter opens his column today by asking “Could President Hillary Clinton restore the American middle class?” (“Sizing Up Hillary Clinton’s Plans to Help the Middle Class”).

Mr. Porter illegitimately presents as an established fact a proposition that is anything but. It’s true that between 1967 and 2009 the percent of American families with annual incomes between $25,000 and $75,000 (in 2009 dollars) fell from 62 to 39 – a fact that, standing alone, might be interpreted as evidence that the middle class is disappearing.

Yet this fact does not stand alone, for it’s also true that the percent of families with annual incomes lower than $25,000 also fell (from 22 to 18) while the percent of families with annual incomes of $75,000 and higher rose significantly – from 16 to 43.*

Percent of US Family real income 1967-2009

 

So given these Census Bureau data – which are strong evidence that America’s middle class, if disappearing, is doing so by moving into the upper classes – to ask if President Hillary Clinton could restore the American middle class is to ask if she will make the bulk of today’s prosperous families poorer rather than richer.

 

Donald Boudreaux is a professor of economics at George Mason University, a former FEE (Foundation for Economic Education) president, and the author of Hypocrites and Half-Wits. Visit Fee.org for more information.

A version of this column also appears on Fee.org.

Prev postNext post

Related ItemsHillaryHillary Clinton
Politics
July 16, 2015
N&V Staff

Related ItemsHillaryHillary Clinton

More in Politics

Some Good, Bad & Ugly to Kick Off 2021…

Annie BlackJanuary 2, 2021
Read More

Announcing 2020’s Nevada Conservative of the Year Awards

N&V StaffJanuary 1, 2021
Read More

Even Criminals Themselves are Panning Catch-&-Release Lawlessness

N&V StaffDecember 14, 2020
Read More
Nevada judge blocks Trump campaign's

Nevada judge blocks Trump campaign’s bid to stop Clark County’s mail-in ballot counting

The Center SquareNovember 3, 2020
Read More

Dickman Returns Fire on Daly

N&V StaffOctober 16, 2020
Read More
Blue State Nevada

Nevada is no “blue state” — especially not this year

N&V StaffOctober 1, 2020
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics Muth's Truths business government Government Opinion Obama News Donald Trump GOP Republicans Ron Knecht Adam Laxalt

Copyright © 2021 Citizen Outreach | Maintained by VirtualAlly

Those Crazy Persians
How to stop the Iran nuke deal