Tuesday, August 30, 2005

Our Booming Economy

Delong: WOWCWHABPC - Jonathan Weisman

Today the Census Bureau reports:

Real median earnings of men age 15 and older who worked full-time, year-round declined 2.3 percent between 2003 and 2004, to $40,798. Women with similar work experience saw their earnings decline by 1.0 percent, to $31,223.... There were 37.0 million people in poverty (12.7 percent) in 2004, up from 35.9 million (12.5 percent) in 2003....

Maybe we'll close the income gap between men and women by differing rates of decline....

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