Sunday, January 29, 2006

can't imagine how this could happen under this administration!

Study Finds Rich-Poor Income Gap Growing
ALBANY, N.Y. - The disparity between rich and poor is growing in America as the federal minimum wage has remained flat for years, union membership has declined and industries have faced global competition, according to a study released Thursday.

The report by the Center on Budget and Policy Priorities and the Economic Policy Institute, both liberal-leaning think tanks, found the incomes of the poorest 20 percent of families nationally grew by an average of $2,660, or 19 percent, over the past 20 years. Meanwhile, the incomes of the richest fifth of families grew by $45,100, or nearly 59 percent, the study by the Washington-based groups said.

Families in the middle fifth saw their incomes rise 28 percent, or $10,218.


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Boy, can you think of any policies under this administration that would cause this?!?!
Maybe someday America will once again help the people who really need the help, rather than just helping the ultra-rich get even richer.....
And nice how the article has to say that these institutes are "liberal leaning", even though they are obviously simply reporting facts and anyone with eyes can see that this trend is occuring.