>>Paul paints a rosy picture but doesn't mention that incomes for lower and middle-class families have fallen since the 80s. This is misleading. https://www.c

>>Paul paints a rosy picture but doesn't mention that incomes for lower and middle-class families have fallen since the 80s. This is misleading. https://www.cato.org/cato-journal/winter-2019/us-median-household-income-has-risen-more-you-think#adjustment-for-household-size https://www.cato.org/cato-journal/winter-2019/us-median-hous... >>Average household size declined from 3.28 persons in 1967 to 2.62 by 2000 and 2.54 by 2017 (Census 2017b). Larger households can be expected to have greater income earning potential from the availability of more potential workers. It is thus important to adjust for household size in assessing the long-term growth of household income. Otherwise, the larger households at the beginning of the period would tend to exaggerate the income levels relative to household incomes toward the end of the period.