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To: Uncle Miltie

A graph showing the average income for all US households proves nothing. Do you have one that shows average household income for four of five income categories, from the lowest to the highest?

Your graph doesn’t even relate to the topic of the article: the middle class, not an overall average income.


14 posted on 03/03/2011 2:34:15 PM PST by Will88
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To: Will88
How about just the inflation in food and fuel holy cow contrary to what some people claim they do NOT count it as a measure of inflation any longer..

You see, some wise government officials decided a few years back to exclude “volatile” Food and Energy from the standard cost of living measurement that he refers to as a measure of inflation!

But while Americans were feeling the pain of price increases at the pump and elsewhere, the Fed will maintain its focus on the so-called "core index," which excludes food and fuel prices.

25 posted on 03/03/2011 4:07:59 PM PST by FromLori (FromLori">)
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