Tag Archives: Median income

Stagnation: You Can’t Feed A Family With G.D.P.

Stagnation: You Can’t Feed A Family With G.D.P.
By Neil Irwin New York Times, September 16, 2014 The most important thing to know about the state of the United States economy was revealed in a report Tuesday morning that Wall Street barely noticed. Every year, the Census Bureau delivers a sweeping set of numbers that give the richest annual picture of how much Americans are making, how many are living in poverty, and how many have access to health insurance. The numbers are ... Read more

Number of Children Living in Poverty Drops Sharply, Census Bureau Reports

Number of Children Living in Poverty Drops Sharply, Census Bureau Reports
Median household income was 8 percent lower last year than in 2007, and the poverty rate was two percentage points higher By Robert Pear The New York Times, September 16, 2014 WASHINGTON — The poverty rate declined last year for the first time since 2006, the Census Bureau reported on Tuesday. But at the same time, it said, there was no statistically significant change in the number of poor people or in income for the typical American ... Read more