Americans' incomes fell for two years

[4dsc]

http://money.cnn.com/2004/07/29/news/economy/income/index.htm?cnn=yes

The New York Times, reporting data from the Internal Revenue Service, said gross income reported to the agency fell 5.1 percent to $6.0 trillion in 2002, the most recent year for which data is available, down from $6.35 trillion in 2000. Because of population growth, average income fell even more, by 5.7 percent, and adjusted for inflation the decline was 9.2 percent.

The paper said the decline was due to a combination of the big fall in the stock market and the loss of jobs and wages in well-paying industries as the recession started in 2001.

[rawstory]

1. dupe

but thanks.

[jay-3d]

2. i'm one of them

Any one want to buy a SUV

[Moderator]

3. Duplicate topic

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=714408