A sobering census report: Americans’ meager income gains
The Census Bureau reported that median household income rose 0.7 percent in 2006 to $48,210, but it was still about $1,000 less than in 2000, before the start of the last recession. Households living in poverty fell to 12.3 percent from 12.6 percent in 2005. But in 2006, 36.5 million Americans were living in poverty — 5 million more than in 2000, when the poverty rate was 11.3 percent.
Source:
The New York Times, August 29, 2007
During 2000, 2005, and 2006, _______.
income inequality decreased at the upper end of the income distribution
at the lower end of the income distribution, income inequality increased between 2000 and 2005 and then decreased slightly during 2006
income inequality increased in all quintiles
income inequality decreased in all quintiles
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