What most living in poverty already know: they’re getting poorer. And, what we suspected: the rich are getting richer.
“Average family market income among the 10% of families with the highest incomes rose by 22% from 1989 to 2004. Meanwhile, among the 10% of families with the lowest incomes, it fell by 11%.”
And who is that predominates in that lowest income category? Yes, women. And we can thank both the Libs and the Cons for that. What a great legacy, eh?
Thanks to Luke at B’n’R for the heads-up.