On 10/20/11 8:17 PM, JustWait wrote:
On 10/20/2011 8:08 PM, Lil Abner wrote:
On 10/20/2011 8:01 PM, jps wrote:

How in the hell can people afford food and cable television let alone
a mortgage? This is the median income?

The median income fell in 2010 for the second year in a row to
$26,364, a 1.2 percent drop from 2009, and the lowest level since
1999, according to David Cay Johnston at Reuters.
Where's that from? Last I heard it was in the neighborhood of 54,000.00
a year. That figure was driven up by Wall Street and the Northeast
incomes.

It's a bull**** number, a German/Japanese/labor screwdriver as it were...

As usual, Scotty doesn't know...

The U.S. median *household* income is about $50,000...a number in that
general range. What JPS is reporting is the median income for an
*individual*. Johnston, the source at Reuters, is one of the country's
leading reporters on economic news.