This shocking story is found in today's New York Times:
A Decade With No Income Gains - Economix Blog - NYTimes.com
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The typical American household made less money last year than the typical household made a full decade ago.
To me, that’s the big news from the Census Bureau’s annual report on income, poverty and health insurance, which was released this morning. Median household fell to $50,303 last year, from $52,163 in 2007. In 1998, median income was $51,295. All these numbers are adjusted for inflation.
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The US Census Bureau's annual report "Income, Poverty, and Health Insurance Coverage in the United States: 2008"
http://www.census.gov/prod/2009pubs/p60-236.pdf
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Ghosts of Dubya - A decade with no income gains
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