If you’re not following the personal finance news closely the U.S. Census Bureau has a new report out. The news is bad. Evidently median incomes have fallen consistently for the past five years. This wouldn’t be so bad, except for the fact that the top 5% seem to have done pretty well. Unlike the rest of the country, the earnings of the top 5% have been steady at around 318k per year.
The Huffington Post has a pretty good write up.
If you’re feeling ambitious, the census report is here.