To Live And Die By Percentages
August, 1998
How much better off are we now than we were 20 years ago, when the nation was emerging from the long dark night of Carter-era stagflation? A close look at some data from the Census Bureau reveals we may be a whole lot better off than even the optimists think--and the reason has little to do with stock market prosperity. Chalk it up instead to a two-decade boom in rising family incomes. For anyone lucky enough to have a job, this boom in family income has greatly increased the happy jingle of mon...