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...Census Bureau's new report on Americans' financial condition had the makings of a not terribly funny "good news-bad news" joke. The good news was that last year for the first time the median income of the American family rose above $10,000, to $10,285. The bad news was that inflation had wiped out the gain; in constant dollars the median income was almost exactly the same as in 1970. At the same time, the number of poor in the U.S. (a poor family is defined as a nonfarm family of four with an income...

Author: /time Magazine | Title: The Nation: Good News, Bad News | 7/31/1972 | See Source »

...black families still remained far behind whites; their median income in 1971 was only $6,440, compared with the $10,670 median for whites. For all the gains of those families in the growing black middle class, about 31% of blacks remained below the poverty line, compared with 10% of the whites. Among the black poor, 56% lived in families headed by only a mother - lending some added credence to Daniel Patrick Moynihan's much-debated thesis that family structure is part of the pathology of black poverty. The statistics can also be read to support the idea...

Author: /time Magazine | Title: The Nation: Good News, Bad News | 7/31/1972 | See Source »

Just as Atlanta's median age is declining (from 27.4 to 26.3 in the 1960s), so its leadership is getting younger -only much faster. Some examples...

Author: /time Magazine | Title: ENTERPRISE: Atlanta's Beat Goes On | 7/24/1972 | See Source »

Almost universally, the delegates, campaign workers, demonstrators and media who have arrived here in the last week are awed by the superficiality of this transient city where the median age of permanent residents is sixty-five. Those who have been here for any length of time were plain bored by yesterday...

Author: NO WRITER ATTRIBUTED | Title: Miami Starts Slowly . . . . . . McGovern Is Optimistic | 7/11/1972 | See Source »

Even if it were run with the decorum of a D.A.R. meeting, the sheer logistics of bringing it all together are incredibly elaborate. Miami Beach, a normally garish but placid corridor of resorts and retirement (the median age of permanent residents is 65), is looking forward to the twin bill with a booster's pride and a bit of trepidation...

Author: /time Magazine | Title: Convention '72: Ready or Not, Here They Come to Miami | 7/10/1972 | See Source »

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