Visitors Now:
Total Visits:
Total Stories:
Profile image
By U.S. Federal Government (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Weekly Address: Continuing to Strengthen the Middle Class

Saturday, October 8, 2016 3:41
% of readers think this story is Fact. Add your two cents.

(Before It's News)

WASHINGTON, DC — In this week's address, President Obama highlighted wage growth over the course of his presidency. Since 2012, real wages have grown about 20 times faster than they did for almost three decades between 1980 and 2007. Last year, typical household income rose by $2,800 – the single largest increase on record. Across every race and age group in America, incomes rose and poverty rates fell; and 3.5 million people were lifted out of poverty – the largest one-year drop in the poverty rate since 1968. Thanks in part to states and communities that have raised the minimum wage, lower- and middle-income families saw the biggest boost in incomes. Although we've made significant progress, the President said more work needs to be done to strengthen the middle class – and this starts with a Congress that will put politics aside and act on commonsense ideas.

The audio of the address and video of the address will be available online at www.whitehouse.gov at 6:00AM EDT, October 8, 2016.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.