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To: John Cuthbertson who wrote (2930)10/22/1997 7:07:00 PM
From: LLCF  Read Replies (1) | Respond to of 10921
 
<The economist Robert Samuelson wrote a good newspaper column on this very point last week, using as an example the statistics on "Median Family Income" from the Census Bureau. This figure does indeed show almost no growth in real terms since the early 1970's. However, upon closer examination, this is entirely due to decreasing median family size over the same period.>

Wowa there....sounds like your an example of your example! Are you saying that "Median Family Income" is lower because of the smaller size of the family?? How does that work?

<If you examine instead the median family income for families of the same size (say families of 4 people), the numbers show quite a bit of increase since the 1970's>

Yea because the only people CRAZY enough to have 4 kids now adays have cash enough for a nanny and the whole shot! I bet a "family" of one woman and 3 kids for example arent in the study!

DAK