Re: New Evidence on Taxes and Income
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Re: New Evidence on Taxes and Income         

Group: nashville.general · Group Profile
Author: jakdedert
Date: Sep 15, 2008 23:32

Tracer Bullet wrote:
> 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.

Let's see, from my high school math, that would be...let's see 600
divided by 50,233, times 100, equals a 1.194%% increase. According to
the BLS <ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt> the CPI
rose 2.5%% last year. How do Rupert Murdoch and the geniuses at The Wall
Street Journal figure that's favorable?



I shoulda' known better than to actually 'read' a borgpost. Fortunately
I stopped in time....

jak
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