From: briand-AT-net-link.net (Brian Carnell)
Subject: Re: Rich Getting Richer--NY Times
Date: Mon, 24 Jun 1996 04:05:11 GMT


On Thu, 20 Jun 1996 15:14:04 -0400, Yakobochi-AT-aol.com wrote:

>
>
>
>
>
>
>Rich Are Getting Even Richer, Data Shows

>   Looking at five different indicators to measure household income 
>distribution, the Census Bureau has determined that from 1968, when the 
>gap began to widen, to 1994 -- the last year for which complete data are 
>available -- despite some yearly fluctuations each indicator has shown a 
>pronounced increase in the gap between the incomes of the well-to-do and 
>those of the poor and the working class. 

Unfortunately what the report left out was that in the U.S. the poor
are also getting richer. The bottom 20% today have as much income as
those in the top 50% had in the early 1950s.

Pretty good progress.

What happened to the income levels of people in socialist and
communist nations?

-----------------------------------------------------------------
Brian Carnell                   http://www.net-link.net/~briand/
briand-AT-net-link.net   


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