March 28, 2007

So Much for ‘Real Incomes Aren’t Rising’

Filed under: Economy,Taxes & Government — Tom @ 6:03 am

From the Bureau of Economic Analysis yesterday:

U.S. personal income grew 6.3 percent in 2006, up from 5.2 percent in 2005.

The 2006 figure is about 3% higher than inflation plus population growth. Not bad for one year.

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Previous Posts:
- Dec. 26, 2006 — Psst: Wages Are Not Stagnant, AND (Gasp!) They Are Outperforming the 1990s
- Dec. 6, 2006 — Cavuto v. Krugman: It’s a Rout (in the Interview and on the Facts)

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