Author Topic: Census: Typical Family Makes Less Today Than in 1989  (Read 395 times)

0 Members and 1 Guest are viewing this topic.

Offline mystery-ak

  • Owner
  • Administrator
  • Hero Member
  • ******
  • Posts: 246,198
Census: Typical Family Makes Less Today Than in 1989
« on: September 17, 2013, 04:26:24 PM »
http://www.breitbart.com/Big-Government/2013/09/17/Census-Typical-Family-Makes-Less-Than-It-Did-In-1989



by Wynton Hall 17 Sep 2013, 10:51 AM PDT

A Census Bureau report released on Tuesday reveals that the typical American family now earns less than it did in 1989. In 1989, median household income was $51,681 (in current dollars). In 2012, median household income was $51,017.



Photo source: The Washington Post

Poverty levels in 2012 also climbed to 46.5 million Americans--15% of the country--from 46.2 million in 2011.

As Washington Post economics writer Neil Irwin put it, "This isn't a lost decade for economic gains for Americans. It is a lost generation."

video at link

Support the USO

Offline Rapunzel

  • Hero Member
  • ****
  • Posts: 71,719
Re: Census: Typical Family Makes Less Today Than in 1989
« Reply #1 on: September 17, 2013, 04:31:13 PM »
Yep.......
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf