Economy Driving Strong Worker Gains

Despite repeated attacks on this administrations handling of the economy .... "the reality is that the economic well-being of the American family has never been better -- as measured by income, consumption, and wealth ..".
As explained by Stephen Moore in The Wall Street Journal.

"Another reason that workers today have made substantially greater economic gains than the wage data may suggest is that more Americans than ever derive income and wealth not purely from labor, but from ownership. Between 1980 and 2005 the share of Americans who are workers/stock owners has doubled from 25% to 52%. Since 1980, shareholder wealth has increased by about $15 trillion. Those wealth gains used to be hoarded by the wealthy, but thanks to innovations like 401(k) plans and IRAs, the wealth gains from the American bull market have been further democratized and the dividends have been spread more widely to middle-class America."

Read the whole article here.