Sunday, October 16, 2005

MAKING ENDS MEET / Struggling in middle class

MAKING ENDS MEET / Struggling in middle class / Working parents in Bay Area try to stay afloat and save for the future as the nation's high-income families drive up prices for everyone else: "Upper-income families -- those earning more than 95 percent of Americans -- went from making $95,737 a year in 1970 to $164,104 in 2001, in constant dollars, a 72 percent increase. The very wealthiest Americans' incomes rose even faster. But the median household income rose only 21 percent in constant dollars between 1970 and 2004. And near-poor families -- those with higher incomes than only 20 percent of American families -- saw their earnings inch from $20,134 to $24,640, a 22 percent increase between 1970 and 2001. "

I think it's pronounced shut-the-fuck-up and bring us some more bread for the table.

No comments: