Wednesday, December 07, 2005

Daily Kos: Why This Economy Stinks

Daily Kos: Why This Economy Stinks: "ncomes

According to the Census Bureau, median household income has decreased for the last 4 years (2000-2004), from $45,065 in 2000 to $44,398 in 2004 (in 2004 dollars). The mean (average) income has dropped as well, from $62,114 to $60,528. Over the same time, the poverty rate has increased from 11.7% to 12.7%. The three year rolling average of the number of families in poverty has increase from 32,907,000 to 36,997,000.

Let's see, incomes are down the poverty rate is up. That's some great economic policy in action."

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