"Thirty-four percent of Americans say they belong to the "have-nots." Twenty years ago, only 17 percent of Americans defined themselves this way. What happened? "
"In 1995, 66 percent of poor households had air conditioning. Just 10 years later, in 2005, 80 percent of the poor had air conditioning at home. In 1995, 70 percent of poor households owned a car, and 27 percent owned two or more cars. By 2005, almost 75 percent owned cars, and 31 percent owned two or more. About 25 percent of the poor owned an automatic dishwasher in 1995. In 2005, more than 33 percent have a dishwasher. Microwave ownership jumped from 64 percent in 1995 to 89 percent by 2005."
"The lowest-income one-fifth of households spend, per person, as much today as the median American household in the early 1970s, after adjusting for inflation."
http://www.townhall.com/columnists/LarryElder/2007/10/11/did_americas_have-nots_double_in_20_years
2007-10-11
02:26:52
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