... Consider first the median income.--- When Bill Clinton left office after 2000, the median income stood at $52,500 (measured in inflation-adjusted 2008 dollars).<quoted text>Average taxpayer income was down $3,512, or 5.7 percent, in 2008 compared with 2000, President Bush's own benchmark year for his promises of prosperity through tax cuts.
- When Bush left office after 2008, the median income had fallen to $50,303. That's a decline of 4.2 per cent.
That leaves Bush with the dubious distinction of becoming the only president in recent history to preside over an income decline through two presidential terms
- The median household income increased during the two terms of Clinton (by 14 per cent, as we'll see in more detail below),