Adjusted for inflation, did the median cash income of African American households rise more in the economic recovery that occurred during the presidency of Barack Obama or Ronald Reagan?
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Despite the common claim that African Americans suffered under "Reaganomics," the inflation-adjusted median cash income of black households rose by 12% or $3,306 during the Reagan recovery. During the four years of available data on the Obama recovery, the same measure fell by 2.2% or $793.
DocumentationIncome of African Americans
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