Tag: household income

It has been a growing problem in this nation for decades and it continues to increase every year – income disparity: The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession. The top-earning […]

In a time where the big discussion is rather or not we should extend tax cuts to the top 2% of earners in the country, this is what’s happening: The poverty rate rose to 14.3 percent during 2009 from 13.2 percent the previous year as household income stayed flat and the number of people without […]