Basically half. Also feels to me (as a person who knows little about Econ) like an indictment of Obama-era policy that nonsupervisory wage growth lagged behind the average during the wage growth doldrums in ‘12/‘13/‘\14. https://twitter.com/mattyglesias/status/992405599609552896 …
I remain an only semi-repentant Obama stan but I have major questions about how money was spent during the recession. But then, he also kept the economy from completely crashing and burning, and I understand why you would take the more conservative course in that scenario.