Tuesday, January 07, 2014

Census data on income distribution reveal evidence of rising income levels for a rising share of American households

Very insightful post.
Well worth your time to study.
It disproves the "we're all getting poorer" myth.
Census data on income distribution reveal evidence of rising income levels for a rising share of American households | AEIdeas:
household1"I posted and wrote about a similar chart last summer that displayed the distribution of “family income” and concluded in that post that the Census income data may suggest that the reason the middle class might appear to be “disappearing” is because that income group is actually moving into the upper class, and not falling into the lower class as is typically claimed. "

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