Americans' incomes fell for two years

[Bdog]

http://money.cnn.com/2004/07/29/news/economy/income/index.htm?cnn=yes

Americans' incomes fell for two years

Report: IRS data shows first-ever consecutive-year drop; loss of jobs blamed.
July 29, 2004: 7:05 AM EDT



NEW YORK (CNN/Money) - Americans' overall income shrank for two consecutive years after stocks plunged in 2000, the first time that has effectively happened in the since the current tax system was put in place during World War II, according to a published report Thursday.

[demnan]

1. Good Post!

Nice to see Bush succeeding in his goal of making everyone but the superrich poor.

[TahitiNut]

2. Duplicate

See http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=714408