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The following article appeared in Left Business Observer #103, December 2002. It retains its copyright and may not be reprinted or redistributed in any form - print, electronic, facsimile, whatever - without the permission of LBO.
This is the latest version of a series of articles on the annual income and poverty stats for the U.S. The Census Bureau stats from which most of this is drawn are available in plenitude on their website: income is here, poverty here.
an update, and not an exhaustive treatment of the subject. For a more thorough income and poverty workout, see articles in LBO issues 61, 65, 69, 80, 93, and the supplement on income and poverty .
2001 wasn't a good year for most Americans - and for that matter, 2000 wasn't either. After falling 0.4% in 1999, incomes at the midpoint of the distribution - the median - fell 2.2% in 2001 (after