“Government stats say incomes after adjusting for inflation are now declining YoY. What do you say to that?”
“Yeah, well, we are also starving people and kicking them off health care”
G Elliott Morris
BREAM: The Bureau of Labor Statistics says inflation is now outpacing wage growth. How do you answer that concern?
HASSETT: That's a technical matter. Personal income includes things like transfers and food stamps that we have been reducing as part of our effort to make government leaner and meaner