The book "A Time for Truth: Reigniting the Promise of America" by Ted Cruz argues that if the U.S. had experienced typical economic growth following the last recession, families would have significantly higher incomes. Specifically, Cruz claims that American families could be earning about $10,000 more today compared to their current earnings.

Cruz attributes this economic shortfall to the tax policies and regulations implemented during President Obama's administration. He suggests that these unprecedented measures have resulted in a loss of nearly a trillion dollars in potential productivity for the country, impacting the financial well-being of American families.