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Ron Johnson: “Median household income has actually declined [five, six…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Chairman Johnson at Euro Affairs Subcomm hearing on financial crisis in Greece

Published | Video Starts at 29:56

Talk a little bit about your evaluation of a reduction of median household income and you know, what's the explanation behind that? I mean, we're literally five, six years into a recovery and Median household income has actually declined [five, six years into a recovery]. Well, I think it's the same story and the numbers are harder to measure. But if you're going to have a lower growth economy, say to 2.2%, and you're going to have, that's going to measure the growth of your income in real terms too. (29:56–30:04)

CLAIM

Asserts that median household income has declined during the economic recovery period.

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