Sunday, September 26, 2010

Two Economies? Poverty Rates Rise, but so do the Number of Millionaires

Perhaps this is more evidence that we are living in two different economies. While the Census Bureau reports that the number of people living in poverty (under the federally defined poverty threshold) has increased from 13.2% in 2008 to 14.3% in 2009, the number of millionaires living in the United States increased.

Will there be political fallout from this?

FYI:
- Quality of Living vs. Quality of Life.