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US median household income trap

By Bubbabear   Follow   Mon, 14 Jan 2013, 2:05am PST   282 views   1 comment
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It is unfortunate so little attention is given to income growth when the available data is readily available. Part of the lack of coverage probably stems from the reality that the mainstream press is largely an advertising vehicle. Do not hold your breath for deep analysis and reporting from the press. Telling people how their inflation adjusted incomes are back to 1990s levels isnt going to encourage people to go out and buy that new car, fancy tech gadget, or go into heavy debt for that new home.

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Peter P   Mon, 14 Jan 2013, 2:11am PST   Share   Quote   Permalink   Like   Dislike     Comment 1

Healthcare is one of the major factors.

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