The Poor Economy

Another sign of that "horrible Bush economy". Be nice to have BO and a bunch of Dems in the "turn things around" ... and no doubt be quick to take credit if the direction of that "turn around" is negative.


Household income up, poverty level falls in Colorado - Denver Business Journal:

Tuesday, August 26, 2008 - 9:11 AM MDT
Household income up, poverty level falls in Colorado
Denver Business Journal

The median household income of Colorado residents has increased by more than 8 percent since 2004, or four times the national average.

The U.S. Census Bureau on Tuesday reported the median income in Colorado has risen to $59,209 (based on a two-year average from 2006-07) from $54,719 (based on a two-year average from 2004-2005).

The 8.2 percent increase is considered statistically significant, according to the Census Bureau.

Nationally, the median income rose by 2 percent during the same period, to $49,901 from $48,934.

During the same period, the percentage of Coloradans -— and Americans as a whole — living in poverty dipped. A family of four earning less than $21,203 a year is considered to be living in poverty.

The percentage of Coloradans in poverty dropped to 9.8 percent during the 2006-07 period from 10.7 percent in 2004-05. Nationally, the poverty figure fell to 12.4 percent from 12.7 percent.