The Census Bureau has just issued its latest annual report, “Income and Poverty in the United States: 2020,” and American Enterprise Institute economist and blogger Mark Perry has extracted and summarized its highlights, as he does every year.Perry’s work is always illuminating because the data shows how much healthier the country is socially and economically than anyone would believe who listens to the naysayers on the left, who want to transform America into a giant, socialist welfare state.Contrary to what we hear from Democrats and the left-leaning media, Americans continue to move up and earn more.And those who don’t fail to do so for reasons that are entirely in their control, as I will explain later.In 2020, 33.6% of American households had income of $100,000 …
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