Below are the facts proving that after declining during the Carter years, median family income rebounded sharply during the Reagan years.
Median Family income
1979-89
Constant 1990 dollars
Year Income
1979 $35,474
1980 $33,346
1981 $32,190
1982 $31,738
1983 $32,378
1984 $33,251
1985 $33,689
1986 $35,129
1987 $35,632
1988 $35,565
1989 $36,062
Source: American Almanac, Page 449, table 703 (1993 ed.)
Current statistics available from the Census Bureau. Note that we're showing figures from 1979 through 1981 as well as the Reagan fiscal years in order to demonstrate the magnitude of the decline that preceeded Reagan. Some Reagan deniers try to include these years without showing all years, which masks the massive decline prior to Reagan and the subsequent rise. Only showing 1979 and 1989, for example, would make it appear that there was little growth during the 1980s!
Data from the American Almanac
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