Author Topic: Census: Typical Family Makes Less Today Than in 1989  (Read 2096 times)

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Offline mystery-ak

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Census: Typical Family Makes Less Today Than in 1989
« on: September 17, 2013, 08:26:24 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."

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Offline Rapunzel

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Re: Census: Typical Family Makes Less Today Than in 1989
« Reply #1 on: September 17, 2013, 08:31:13 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