To Your Heart's Content

Tuesday, December 19, 2006

Some Telling Stats

From MoJo:

In 2005, there were 9 million American millionaires, a 62% increase since 2002.
Since 2000, the number of Americans living below the poverty line at any one time has steadily risen. Now 13% of all Americans—37 million—are officially poor.
Only 3% of students at the top 146 colleges come from families in the bottom income quartile; only 10% come from the bottom half.
Since 1983, college tuition has risen 115%. The maximum Pell Grant for low- and moderate-income college students has risen only 19%.
Bush's tax cuts give a 2-child family earning $1 million an extra $86,722—or Harvard tuition, room, board, and an iMac G5 for both kids.
Bush’s tax cuts (extended until 2010) save those earning between $20,000 and $30,000 an average of $10 a year, while those earning $1 million are saved $42,700.

2 Comments:

  • Great post, think that those are facts everyone needs to read. keep up the good work. Found this article and think it is pass-on worthy, enjoy
    http://www.chicagotribune.com/chi-china-cashmere-htmlstory,0,7007933.htmlstory
    let me know if that works for you.
    Merry Christmas and a happy new year.

    By Anonymous Todd, at 1:26 PM, December 20, 2006  

  • hi justin -- stumbled upon your blog and thought i'd say hello. i packed everything up in nanjing and moved back to sunny CA. hope you're having a great holiday season out in beijing! stay warm! all the best, connie

    By Blogger Connie Wonnie, at 4:13 PM, December 20, 2006  

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