Average Household Income Was Up 1.8 Percent Last Year

The Census Bureau brings some good news today: median household income rose 1.8 percent last year:

It only took 18 years, but household income is now firmly higher than it was at the top of the dotcom boom. On the other hand, low-income earners didn’t do so well:

The income of the bottom fifth increased only half a percent, and the income of the second fifth increased slightly more than 1 percent. Neither one has yet made up the ground they’ve lost since the peak of the dotcom boom. Maybe next year.

The Census Bureau released a bunch of other stuff today too, including poverty and income inequality numbers. I’ll try to get to those later.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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