"American incomes have tumbled over the last decade. But for many people in Washington, D.C., it’s been something of a party.
The income of the typical D.C. household rose 23.3% between 2000 and 2012 to an inflation-adjusted $66,583, according to the Census Bureau’s American Community Survey, its most comprehensive snapshot of America’s demographic, social and economic trends. During this period, median household incomes for the nation as a whole dropped 6.6% — from $55,030 to $51,371. The state of Mississippi, which had one of the biggest declines, dropped 15% to $37,095: Nearly one in three people there have an income that is near the poverty line.
The Washington, D.C. metro area — which includes the surrounding suburbs in Maryland, Virginia and West Virginia — has it even better, with a median household income of $88,233 that ranks highest among the U.S.’s 25 most populous metro areas. Tampa, Florida’s median income, by contrast, is under $45,000."...
THIS is not a new revelation...notice my sig line......and NOW QE3,4,5,6,7, because the minds
that brought us into this fubar are STILL working their magic and the economy is STILL no place
close to normal......WELCOME TO THE NEW NORM.....(that's for you VL)
