My little take on the world we live in as well as my attempt to "comfort the afflicted and afflict the comfortable."
Wednesday, February 15, 2006
You Heard the Lies During the State of the Union Speech. Now Here's the Truth
Inflation-adjusted median household income in 2000: $46,058
Inflation-adjusted median household income in 2004: $44,389
(Source: Historical Income Table--US Census Bureau)
Decrease in median household income from 2000-2004 in White households: $1066
Decrease in median household income from 2000-2004 in Hispanic households: $2,141
Decrease in median household income from 2000-2004 in Black households: $2,407
(Source: Historical Income Tables--US Census Bureau)
American manufacturing jobs in 2001: 17,101,000
American manufacturing jobs in 2005: 14,283,000
(Source: "The State of the Economic Union," Manufacturing and Technology News, Jan, 19, 2006)
Number of private sector jobs created since 2001, excluding those produced by increase military spending: 1,160,000
Number of American manufacturing jobs lost since 2001: 2,818,000
(Source: "The State of the Economic Union," Manufacturing and Technology News, Jan, 19, 2006)
Inflation adjusted average CEO pay at depth of recession in 2002 $7,773,000
Inflation adjusted average CEO pay as of 2004: $9,600,000
(Source: "Executive Pay" Business Week April 18, 2005)
Percentage increase in average American CEO's compenstation since 2002: 24%
(Source: Business Week April 21, 2003)
Increase in American worker productivity for 2005: 13.5%
(Source: Bureau of Labor Productivity and Costs)
Average number of fewer hours per week parents have to spend with their kids today than 25 years ago: 22.
Percentage decrease in average American household income since 2000: -3%
(Source: National Statistics: US Census)
Percentage of companies that provided health care to their employees in 2000: 69%
Percentage of companies that provided health care to their employees in 2005: 60%
(Source: The Kaiser Family Foundation, June 14, 2005)
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