Why People Have a Negative View of the Economy

• Real average hourly earnings are down 2.5 percent since Election Day 2020 and real median usual weekly earnings are down 3.2 percent. That latter compares with an 8.0 percent gain over the previous four years.
• Today it takes nearly 60 percent of a median family’s income to cover a mortgage on a median-priced home. The standard historically has been around 30 percent.

Source: The Lindsey Group