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Response to Igel (Reply #31)

Mon Jan 21, 2013, 02:11 AM

32. Median income fell last year (& has been falling). So no, 'middle class compensation' hasn't

 

increased 'by a fair amount'.

The median annual household income—the point on the income scale at which half earn more and half earn less—fell in 18 states in 2011 from a year earlier after adjusting for inflation, according to a Census Bureau report to be released Thursday.

Nationally, the median income dropped by 1.3% to $50,502 in 2011. A separate report last week reported a slightly different median income level, but either way, the number is at a level last seen in the mid-1990s, continuing a long period of stagnant or falling wages since an all-time peak in 1999.

http://online.wsj.com/article/SB10000872396390443890304578006671572581156.html

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Playinghardball Jan 2013 OP
NoOneMan Jan 2013 #1
mettamega Jan 2013 #19
Igel Jan 2013 #31
LineLineLineLineReply Median income fell last year (& has been falling). So no, 'middle class compensation' hasn't
HiPointDem Jan 2013 #32
JDPriestly Jan 2013 #52
niyad Jan 2013 #2
LisaLynne Jan 2013 #3
NYC_SKP Jan 2013 #4
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