Pete Domenici: “Before the Senator arrived we spoke of stagnant family income. That is what is causing the anxiety. Real median family…”

“Before the Senator arrived we spoke of stagnant family income. That is what is causing the anxiety. Real median family income was virtually motionless from 1992 to 1994. That is the last year for which we have data available. Under President Clinton, it has risen only two-tenths of a percent per year on average. Family income is below the level that it was in 1991 under President Bush. During the Reagan tenure, yearly family income growth was four times as fast. That might account for a poll back then saying people thought we were on the right track and a poll today saying they think we are on the wrong track. Does that seem to be a correct analysis?”