> The new Census Bureau data on income and poverty reveal that many of the
> economic trends in this country are a lot more favorable than America's
> detractors seems to think. In 2007, overall real median family income
> increased to $50,233, up $600 from 2006. The real median income for
> intact families -- mother and father in the home -- rose to $78,000, an
> all-time high.
>
> Although incomes fell sharply in the U.S. after the dot-com bubble burst
> in 2000 (and still haven't fully recovered), these latest statistics
> reflect a 25-year trend of upward economic mobility. More important,
> Barack Obama is wrong when he states on his campaign Web site that the
> economic policies started by Ronald Reagan have rewarded "wealth not
> work." Based on this false claim -- that the rich have benefited by
> economic growth while others have not -- he intends to raise tax rates
> on high-income individuals.