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...average working stiff, it was a pretty lousy 10 years. The median household income in 2000 was $52,500. Last year (the most recent year available) it was $50,303. And given that the unemployment rate has climbed to 10.2%, income will almost certainly drop again this year. Low-income Americans fared even worse. In 2000, 11.3% of Americans were living below the poverty line. By 2008, that number had risen to 13.2%. Meanwhile, the percentage of Americans without health insurance increased from...
Surprisingly, housing prices were not such a debacle - that is, if you bought early and stayed put. The median price of an existing home was $143,600 in 2000. Today the median is nearly $175,000. But remember, millions of Americans splurged for homes in the middle of the decade when prices were high: in July 2006 the median selling price peaked at $230,300. If you bought then - assuming you haven't lost your house to foreclosure - your home has lost some 25% of its value. Nothing to cheer about there.(Read "Facing Foreclosure in Tampa...
This message has been received warmly by both political leaders and the nations they represent. According to a poll this summer of public opinion in 21 major countries by the Pew Global Attitudes Project, a median of 71% of the population said they have a lot of confidence in Obama to do the right thing in world affairs. Just a year earlier, President George W. Bush had scored just 17% in the same measure. In some parts of Asia, Obama's popularity is particularly high, with 85% of the Japanese public and 81% of the South Korean public expressing confidence...
Overall, presidents of major private research universities made a median salary of $627,750, according to a survey released last week by the Chronicle of Higher Education...
...Experts at the California Department of Public Health, who led the study, say their findings are largely in line with the growing body of data on the worldwide pandemic flu, confirming, for instance, that the 2009 H1N1 flu disproportionately affects younger patients. The California research team found that the median age of hospitalized H1N1 patients was 27, much lower than the median age of seasonal-flu sufferers. (See what you need to know about the H1N1 vaccine...