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This compares the median income of 2001 with the median house prices of 2008... while no doubt it illustrates a point, the numbers a likely off.
by cjbos 17y ago
This compares the median income of 2001 with the median house prices of 2008... while no doubt it illustrates a point, the numbers a likely off.
- martythemaniak 17y agoOne of the facts many people like the ignore is the fact that median income has stayed flat throughout the last decade.
- dantheman 17y agoDespite massive inflation, which is still yet to be truly felt.
- jcromartie 17y agoYou think people really make more money than they did in 2001? That's one of the things that is fueling the populist anger we see in the Tea Party movement. People want to know where their money has gone. Of course, the major exception is that the rich have made staggering gains in income (compared to the working class, when adjusted for inflation) over the last few decades. You can't tell me that they're just working that much harder than they were 30 years ago.
- roc 17y ago> "That's one of the things that is fueling the populist anger we see in the Tea Party movement" ...And simultaneously one of the most ironic things about the Tea Party movement. While legitimately wondering where their money has gone, they're giving tacit support to policies that would only exacerbate the divide. (lowered taxes, increased selective deregulation, etc)