Tuesday, September 18, 2012

Mainstream Media CBS: Median Income Worse Now Than At End of the Great Recession -- CBS/Pew Research

Published by mainstream media, CBSDC:
A new report put out by the Pew Research Center finds that the median income is worse now than it was during the Great Recession. According to Pew, the Census Bureau showed that the median income for American households in 2009 – the official end of the Great Recession – was $52,195 (in 2011 dollars), while the median income dipped to $50,054 last year, falling 4.1 percent over two years.
I guess it takes awhile for redistribution to kick in.

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