THIS JUST IN!….THE RICH ARE GETTING RICHER!….Just thought you’d all like to see the latest income report from the Census Bureau. The good news is that women are now making 77% as much as men, slightly higher than last year. The bad news is that this is only because the median income of women fell at a slightly lower rate (-1.3%) than the median income of men (-1.8%). Yipee.
Needless to say, per capita income increased by 1.5%. In other words, the total money income of the United States increased last year by more than $100 billion, and yet the incomes of the average worker went down. So where do you think that $100 billion went?