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Default This is the median income?

On 10/21/11 11:00 AM, North Star wrote:
On Oct 20, 10:13 pm, X ` wrote:
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.


Up here they usually quote an average 'industrial wage'.



We sent all our "industrial" to slave wages countries.
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