Rich and Richer

Gregory Alan Bolcer (gbolcer@gambetta.ICS.uci.edu)
Wed, 30 Sep 1998 15:17:06 -0700


Fox News is reporting, according to IRS numbers,
that 1.3 million Americans earn $200k+ per year in
1995, a 14% increase from 1994. Add to that
the 97% of the poor that own color televisions [2],
we have a pretty high standard of poverty. The one problem about
government poverty statistics is that they
only include income, and in fact shows that
41% of the poor actually own their own households.

Greg "working poor"

[1] http://www.foxnews.com/js_index.sml?content=/news/wires2/0930/n_ap_0930_241.sml
[2] http://www.heritage.org/library/backgrounder/bg1221es.html