Quick Point:
The change from 2003 <- 2002 (Percent Distribution)
# Households between $10,000 - $34,999 : (31.9 vs 32) -1%
# Households between $35,000 - $74,999 : (33 vs 33.1) -1%
# Households of $75,000+ : (26.1 vs 25.9) +2%
* I did not include households making earning than $9,999.
While this data is by no means staggering, it does show that while the
number of middle class is decreasing, the number of lower class is also
decreasing. Americans are becoming wealthier. Not necessarily a bad sign.
The number of people with health insurance also grew by 1 million. That's an
uncorrected number, so I don't know if this is enough of an actual change to
be outside the survey error, but at least it's something.
OM Content: Hopefully this will continue and I can purchase that 21 f/2 I
have my eye on.
Evan
Source: http://www.census.gov/prod/2004pubs/p60-226.pdf ... Page 35
-----Original Message-----
From: olympus-owner@xxxxxxxxxx [mailto:olympus-owner@xxxxxxxxxx]On
Behalf Of Mike
Sent: Friday, October 29, 2004 11:49 AM
To: 1 Olympus Digest
Subject: [OM] Re: The ultimate OT post that will pi## almost everyone
off. My apolo
Bill, I'm not going to comment on your tax scheme just add this fact.
The total wealth of the Fortune 400 wealthiest people in the US is equal
to the total wealth of the 100 million poorest people, i.e. over 1/3 of
the population so we are including much of the lower middle class.
mike
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