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Bush and Boating
In article , says...
I used anecdotal evidence to counter jps's claim that people have had to
give up their boats because of lower wages. Perhaps you or jps can give me
anecdotal evidence that *supports* his claim? Until then, my unscientific
claim trumps his unscientific claim.
Think this promotes boat ownership?
Americans' incomes fell for two years
Report: IRS data shows first-ever consecutive-year drop; loss of jobs
blamed.
July 29, 2004: 12:59 PM EDT
NEW YORK (CNN/Money) - Americans' overall income shrank for two
consecutive years after stocks plunged in 2000, the first time that has
effectively happened since the current tax system was put in place
during World War II, according to a published report Thursday.
The New York Times, reporting data from the Internal Revenue Service,
said gross income reported to the agency fell 5.1 percent to $6.0
trillion in 2002, the most recent year for which data is available, down
from $6.35 trillion in 2000. Because of population growth, average
income fell even more, by 5.7 percent, and adjusted for inflation the
decline was 9.2 percent.
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