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Hmmm
Economic Tidbits
April 27, 2026 6:00 PM

“US median household income grew 273% between 1984 and 2024 . . . This increase exceeded consumer price inflation, which totaled 210% during the same period. Thus, contrary to a common media storyline, inflation-adjusted (i.e. real) median US household income has increased over the last 40 years. Over the same 40 years, US Federal spending grew substantially more, totaling 677%.” Zulauf, C. and H. Monaco. Trillionitus and the US Farm Safety Net. farmdoc daily (16):60, Department of Agricultural and Consumer Economics, University of Illinois, April 8, 2026.

