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Ted Cruz: “More than 2/3 of U.S. households have inflation adjusted…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Christ is Born, America is Working: Christmas Hope, Jobs Booming & Welfare Fraud Exposed

Published | Video Starts at 28:26

Post war economic dominance. Around 1975, the country's real per capita. Gross domestic product grew by 142% from 1974 to 2024. More than 2/3 of U.S. households have inflation adjusted incomes today that would have put them in the top 1/5 of households in 1967. So used to be the top 1/5 of households In 1967. Today more than 2/3 of U.S. u.S. Households have inflation. That would put them there. (28:26–28:40)

CLAIM

Asserts that over two-thirds of U.S. households today have inflation-adjusted incomes comparable to the top 20% in 1967.

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