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Thursday, January 17, 2008

Bad Economy ?

From an OPED today by columnist, Ron Brownstein.Let me paraphrase what he reported ....from 2000 to 2006, the number of households with annual income of $75,000 increased from:
  • 16% to 24% in Iowa and
  • from 26% to 38% in New Hampshire.
  • FYI - that is an increase of 45-50% from 2000 to 2006 and
  • Certainly does not seem to indicate household incomes have beem stagnant under the Bush administration. Here is the actual money quote:
"Some of the increase among high-end voters can be explained by the simple reality that there are more of them. From 2000 through 2006 (the most recent year for which figures are available), the share of Iowa families earning at least $75,000 increased from about one-sixth to nearly one-fourth, according to Census Bureau figures. In New Hampshire, the rise over the same period was from 26 percent to 38 percent. "

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