Saturday, December 5, 2009

�This Is The First Decade On Record Where Household Income Has Declined�


As Illinois state treasurer of Illinois Alexi Giannoulias notes:

Last week, the Census Bureau"s annual report on income, poverty and health insurance, revealed that in the last decade, media household income has actually fallen. The Census Bureau has been monitoring household income for four decades. Not only have we experienced the first decade where median income has failed to rise, but it appears that this is the first decade on record where household income has declined.

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