"There's been a record six straight years of job growth, and new Census numbers show incomes have increased at a record rate after years of stagnation," NBC Nightly News anchor Lester Holt misinformed Americans, as he launched the first Trump-Clinton presidential debate September 26.
In reality, Obama era economic growth has been an anemic 1-2% annually. More than 93 million working-age Americans are still not working, and over 6 million are working part-time, because their hours have been cut back or they cannot find full-time positions. We're creating private sector jobs by turning four high-pay full-time jobs with good benefits into six lower-pay part-time positions with few or no benefits. Average middle class family incomes are still lower than in 2007.
The primary reasons: the world's third highest top marginal corporate income tax rate (38.9%); a $1.9-trillion-per-year federal regulatory burden, equal to all individual and corporate taxes collected by the federal government in 2015; and an administration obsessed with "dangerous manmade climate change" and replacing reliable, affordable fossil fuels with expensive, mandated, subsidized "green" energy.