Income growth and decline under recent U.S. presidents and the new challenge to restore broad economic prosperity
“In this new study, economist Robert Shapiro, chairman of Sonecon, LLC, and a faculty member of Georgetown University’s McDonough School of Business, analyzes new Census Bureau data to track the household incomes of Americans by age cohort, following their income paths as they age. Using this approach, Shapiro shows that income progress was broad and robust …