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Posts: 4,930 | Thanked: 2,272 times | Joined on Oct 2007
#22
Originally Posted by penguinbait View Post
In 2007, the average annual household income rose 1.3% to $50,233.00 according to the Census Bureau.

Imagine making 50K a year and supporting a family in this economy.
Imagine that such pictures are tenuous extrapolations.

Consider that single workers each count as a separate household, and likely have lower income than most families. The low end gets weighted with these, so that average is probably a good deal different from the average income of households that are "supporting a family". Not trying to argue how good or bad the economy's fundamentals are, but that statistic doesn't translate to the picture you're trying to paint.
 

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