Stagnant Incomes & the Politics of 1996
by Kirt Sechooler Historic Note: The Real Incomes of a Majority of Americans Has Been Stagnant since 1973. Stagnant Incomes and Republican Politics An article in a recent edition of a major metropolitan newspaper described how many of the current candidates for the GOP Presidential nomination, in a reversal of the party's previous position, were now beginning to acknowledge the fact that the real incomes of a majority of Americans have been stagnant since 1973. The fact that any politician changes his position is certainly not news, but the growing general realization that the standard of living for the majority of Americans has in fact been stagnant for over twenty years represents the confirmation of one of the most important themes in the model now being outlined in The Millennial Files. This newsletter has in previous files proposed a model of econom