December 16, 2017

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Living standards on decline

The typical American family now earns less in real terms than it did way back in 1989, according to the Census Bureau. Median household income fell for the fifth consecutive year, to $ 51,017 in 2012, and is now 8.3 per cent below its pre-recession peak in 2007. Although the economy is almost 5 per cent […]

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