How much do Americans earn? Such an important and pivotal question is rarely examined in the mainstream press. It almost appears to be a forbidden topic of discussion. You would think that this question would warrant deeper examination given that income is the driving force of our consumer hungry economy. Yet many people are driven to spend money they don’t have regardless of income because of the booming debt market. Household income growth is the critical issue when it comes to maintaining a vibrant middle class. You rarely get a straight answer when it comes to income growth because talking about incomes is taboo and actually is offensive in real life. Try asking someone how much they make at a party and find out how quickly unpopular you will become. Yet the data is frigid and cold but tells us many things about our economy. What Americans earn sheds a deeper perspective as to how well households are doing in the current economy. So how much do Americans earn at this stage in this so-called economic recovery?
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