Monday, 25 March 2013

Income Growth For Bottom 90 Percent Of Americans Averaged Just $59 Over 4 Decades: Analysis

If nominal that implies that in real terms it actually went down? Even in real terms it is slow growth! Measures should always be done in per capita income just to emphasize a point. Income mix indices would be easy to create but economists can be poor statisticians!

http://www.huffingtonpost.com/2013/03/25/income-growth-americans_n_2949309.html?ref=topbar


More at Sketches from Scratches ... http://woohs.blogspot.com
at

YOU HAVE REACHED WOOH'S STREAM
The Internet User's Best Kept Secret

Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!