The NYT’s headline makes it sound like the latest data is encouraging: “Census Shows a Modest Rise in U.S. Income.” The article reflects a more dispiriting reality.
The nation’s median household income grew modestly in 2006, the Census Bureau reported yesterday, even as the percentage of people without health insurance hit a high.
Experts said the rise in income was mainly a reflection of an increase in the number of family members entering the workplace or working longer hours. Average wages for men and women actually declined for the third consecutive year.
The NYT then added this gem:
Some Republicans seized on the new data as evidence that Bush administration policies had been good for people’s pocketbooks.
Seriously, it’s as if Republicans are trying to appear foolish and out of touch. People are working more for less and the GOP responds to the news by saying, “See? I told you we knew what we were doing.”