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Politics : View from the Center and Left
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To: TimF who wrote (28713)9/15/2006 1:18:50 PM
From: neolib  Read Replies (2) of 541102
 
Hi Tim:

Thanks for all the work of digging that out. Is your own conclusion now this:

As for the nationwide median -- In 1999: $47,671. In 2005: $46,326. That's a 2.8% decrease, not the 6% decrease found by the Free Press. Not that the overall figures are comforting; a nationwide drop of 2.8% is nothing to sneeze at (although you'd have to know if the composition of households changed between 1999 and 2005).

Either way, it still is a drop over those years, which was the initial point: A drop in median household income despite GDP and productivity growth. What do you attribute that to?
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