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- Don Klipstein
September 3, 2006, 6:52 pm
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Median household income in 2002 dollars decreased from $42,900 in 2001
to $42,409 in 2002.
That period had fulltime yearround workers gaining 1.4% for males, 1.8%
for females, but employment per household had to decrease in some way or
another to cause inflation-adjusted median household income to decrease.
There is a graph showing wages of fulltime yearround workers 15 years
and older, separately for men and women, from 1967 to 2002:
Earnings decreased for both men and women in 1974-1975, 1978-1981
Earnings decreased for men with the increase for women being to small to
make the figure for all workers increase in 1973-1974, 1981-1982, and
The steepest increase since 1971-1973 was in 1996-1998.
The graph of median earnings of fulltime yearround workers is Figure 3.
We had some annual surpluses in the last few fiscal years of the Clinton
administration, and all other years since some time in the 1960's we had
deficits. The ongoing debt decreased in surplus years and increased in
- Don Klipstein (firstname.lastname@example.org)