Average income has actually gone up. But most of the gain has been at the upper income ranges. Those increases push up the average, but the worker at the lower levels of income isn’t seeing the gains in his paycheck.
More and more voters think President George W. Bush has mishandled the economy and worry about their economic future. Democrats point out Bush’s tax cuts went mainly to those at the top of the income scale who are doing best in this economy. There is a growing sense the electorate is in an angry mood and ready to throw at least some of the bums out. It ought to be a banner Democrat year.
So why is my Republican friend in such a good mood these days?
Ronnie Ellis writes for CNHI News Service and is based in Frankfort, Ky.