HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Household Income Drops fo... » Reply #1

Reply #1


Response to Brigid (Original post)

Wed Sep 12, 2012, 11:24 AM

1. It's not quite as bad as the headline sounds:

According to the article, "the median income for all households was reduced slightly because of the aging of the population, a trend that is expected to continue. Seniors make less than those in their prime earning years. That reduced the median income of all American households about $200 in 2011."

In other words, the baby boomers are retiring. It stands to reason that the median household income would be reduced slightly on that account.

And, of course, the 1% are doing better than ever.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Brigid Sep 2012 OP
LineNew Reply It's not quite as bad as the headline sounds:
The Velveteen Ocelot Sep 2012 #1
Brigid Sep 2012 #2
Please login to view edit histories.