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Wednesday, September 19, 2012

US Median income also on the decline

Ateneo Professor on Entrepreneurship

From personal liberty digest

The US median income may have breached the $50,000 level.  It has gone down 4.1% since Pres. Obama took office and fell 1.5% in 2011 to $50,054.  It has not fallen below the $50,000 level for a long time.

Only 13% Republicans considered themselves poor;  now it is at 23%. However with regards to Obamacare, the number of Americans without health insurance fell from 50 million to only 48.6,million, a bright spot in Obama administration

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