by Leigh Graham
Published July 06, 2009 @ 06:34AM PT
http://uspoverty.change.org/blog/view/inco...
The poorest among us have increased their incomes by only $1,600 in 27 years - that's 16 cents per day.
Buried on page 15 of the National section in the NYT yesterday is coverage of a new report from the Center on Budget & Policy Priorities, demonstrating that the poorest among us - mostly jobless households with children - were not benefiting from our safety net programs (e.g., food stamps, etc.). http://www.nytimes.com/2009/07/05/us/05saf...
Published July 06, 2009 @ 06:34AM PT
http://uspoverty.change.org/blog/view/inco...
The poorest among us have increased their incomes by only $1,600 in 27 years - that's 16 cents per day.
Buried on page 15 of the National section in the NYT yesterday is coverage of a new report from the Center on Budget & Policy Priorities, demonstrating that the poorest among us - mostly jobless households with children - were not benefiting from our safety net programs (e.g., food stamps, etc.). http://www.nytimes.com/2009/07/05/us/05saf...
When I went looking for the report on the Center's website, though, I found this (I can't discover the NYT-referenced report, I'll keep looking):
http://www.cbpp.org/cms/index.cfm?fa=view&...
...in 2006, the top 1 percent of households had a larger share of the nation’s after-tax income, and the middle and bottom fifths of households had smaller shares, than in any year since 1979, the first year the CBO data cover...The data reveal starkly uneven income growth over recent decades. Between 1979 and 2006, real after-tax incomes rose by 256 percent — or $863,000 — for the top 1 percent of households, compared to 21 percent — or $9,200 — for households in the middle fifth of households and 11 percent — or $1,600 — for households in the bottom fifth. (my emphases)
http://www.cbpp.org/cms/index.cfm?fa=view&...
...in 2006, the top 1 percent of households had a larger share of the nation’s after-tax income, and the middle and bottom fifths of households had smaller shares, than in any year since 1979, the first year the CBO data cover...The data reveal starkly uneven income growth over recent decades. Between 1979 and 2006, real after-tax incomes rose by 256 percent — or $863,000 — for the top 1 percent of households, compared to 21 percent — or $9,200 — for households in the middle fifth of households and 11 percent — or $1,600 — for households in the bottom fifth. (my emphases)
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