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1 b_sharp  Thu, Oct 20, 2011 5:36:10pm

I expect someone from the right will claim that the median is the wrong measure and want to use the mean.

2 FemNaziBitch  Thu, Oct 20, 2011 6:06:28pm

I believe at that income level, many would qualify for welfare-type benefits.

3 Gus  Thu, Oct 20, 2011 6:41:34pm

I saw this flash by early in the day. It’s outrageous. What kind of country have we become? An ever growing divide between the haves and the have nots. And if you look at the graph you’ll notice the decline begins right about the time of the Meltdown of 2008.

True wage stagnation began with Ronald Reagan and his policies benefiting the super rich. And in the past 3 years the only getting any form of real assistance from the Feds has been the banks who in turn tightened credit rules (while they’re still getting 0 percent interest on loans from the Fed) and are now sitting on a pile of cash.

And “Is this a trend that an election can reverse?” My answer would be no. This trend began in 1980 and will continue as long as Americans refuse to reassess their values regarding financial equity and equal worth for all.

4 Gus  Thu, Oct 20, 2011 8:19:13pm

Now compare this with the average NBA salary of 5.15 million dollars a year.

5 (I Stand By What I Said Whatever It Was)  Fri, Oct 21, 2011 1:26:23am

Sad. Poor America.

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