Income *before* taxes & transfers–ie generated by the market, what people earned–pretty close to stagnant since late 90s for bottom fifth. (See page 2 of CBO Report.) We chose to spend billions in transfers to compensate. But that doesn't mean there isn't an underlying problem. https://t.co/4fIe2M5nKc
— Mickey Kaus (@kausmickey) November 21, 2018
from Twitter https://twitter.com/kausmickey