

American Wages Lost Ground Since 1969
February 27, 2008
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Gas prices are on the rise, and the median individual income is on the decline in America. That means the average fellow is making less money (adjusted for inflation) than he was in 1969. If you adjust for tax increases, he's making far less than he was in 1969. In order to maintain the standard of living, families responded by sending wives to work and taking on more household debt.
Kevin Swanson addresses the cause of this economic down turn from a biblical perspective. He interacts with the Marxist "solution" of class envy, redistribution of the wealth, and the graduated income tax. Then, he suggests the biblical solutions.
Kevin Swanson addresses the cause of this economic down turn from a biblical perspective. He interacts with the Marxist "solution" of class envy, redistribution of the wealth, and the graduated income tax. Then, he suggests the biblical solutions.
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