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In the past 20 years, how has the real income of the average American family changed?
3 Answers
- SueLv 61 decade agoFavorite Answer
Taking into consideration inflation & cost of living increases (housing, fuel, food) I would say that the real income has declined in the last 20 years.
- Anonymous1 decade ago
I don't know the statistics, you could probably get those through newspaper files, or you might even ask the Brookings Institute if they had any info. But a common sense look around the area where I live tells me the real income of the American family has gone down. The amount of debt Americans carry has gone up.
And no economy can survive like that forever.
- 1 decade ago
a lot now americans are trying to take over canada and they are expanding each day pretty soon there gonna be a BIG HUGE WORLD WAR worse than the other ones and they're going to kill us all and babies will have to fight in the war too
Source(s): my opinion and facts!