Feeling Safer Yet?
Aug 31st, 2005 at 6:05 pm by Susie
I remember all those people who said they voted for Bubble Boy because he would “keep us safe”:
More than half of Americans surveyed say their family income is falling behind the cost of living, and another third say they are just keeping up with higher living costs, a poll commissioned by the AFL-CIO says.
The survey released Tuesday reported that just 11 percent of respondents — concentrated among families with annual income of $75,000 or more — consider their family income to be rising faster than the cost of living. Women, non-college graduates, and rural or small-town residents were more pessimistic about keeping pace with costs than men, college graduates and city dwellers.
Among the 53 percent of workers who said their incomes were falling behind, fewer than a third reported doing better than their parents at the same point in life.
Even most workers under 35 — who often have a rosier view of their economic prospects than middle-aged or older workers — said they were worried rather than hopeful.
