Politics & News & Social Justice & Community Based Economics & Future Focus/Sustainability27 Jan 2006 03:03 pm
Separation Between Rich, Poor Widening in D.C., Study Finds
by Angry White LiberalHere’s the Bush economy for you…
In the District, the richest families had incomes 12 times higher than the poorest ones early this decade, compared with seven times higher in the troubled economy of the early 1980s. The major reason for the widening gap: The highest incomes are growing more sharply than the lowest ones. Incomes at the top fifth rose 81 percent during those two decades, to an average of $157,700. Those at the bottom went up 3 percent, to an average of $12,700.
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