Eighty six% of the households in the top 5% are married couple families. Only 19% in the lowest 5th are married couple families. Do you suppose this affects the income gap? You betcha! Households with two full-time workers earn five times as much as households in which nobody works. Median income for households with two full-time earners was $85,517 in 2003 compared with $15,661 for households in which nobody worked. Median income for households with one worker who worked full-time all year was $60,852, compared with $28,704 for those who worked part-time for 26 weeks or less.
Oh, the injustice of it. Two married people who work have higher incomes than people who receive government money provided by the people who work. Not only that, but the median income of working people increased by 13% from 1987 to 2003, but those who don’t work and depend on Uncle Sam only got a 1.4% increase. Indeed, marriage may actually penalize poor people while helping their children (they get fewer benefits, but studies show children do much better with married parents). Both Democrats and Republicans tossed the ball of control back and forth during that time period. And since social programs (far exceeds defense) grew faster than anything else in government during those years, especially under Republicans, do you suppose we could conclude that Uncle Sam is not only a lousy step-dad, he’s not even all that great as a lover and significant other? Source
Friday, November 20, 2009
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