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(Rich) Americans' Incomes Fell for Two Years
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This headline:

"Americans' incomes fell for two years"

Seems just a tad disingenuous, especially when we actually read down to the end of the article and learn:


The report said the sharpest drops were in both the number and the earnings of people with the highest incomes. Those with incomes of $10 million or more saw average income fall 22 percent, while the number of returns reporting incomes at that level fell 53 percent during the two year period.

Meanwhile the average income of those filing returns with incomes between $25,000 and $500,000 saw the average income little changed, somewhere between a 0.1 percent decline and a 0.2 percent gain, depending upon the income category, the Times said.


So let me get this straight...during the Bush Presidency, the rich got poorer, while the lower and middle classes on average either remained about the same or saw a slight increase in income. Is that right?

And the headline is "Americans' incomes fell for two years"? Actually, rich Americans saw their incomes fall, while most Americans either remained the same or got a slight bump.

How does that gel with what Bill Clinton said Monday night that the Republicans are interested in concentrating the wealth of the wealthiest?


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