Robert Samuelson has pretty much devoted his column to trying to distract readers from the policies that have redistributed income upward to the richest one percent, urging them instead to focus on high living seniors. The latest occasion is a new study from the St. Louis Federal Reserve Bank which found that median income for those aged 62 to 69 gained 12.3 percent to $50,825 from 2007 to 2012. It found that median for those over age 70 increased 15.6 percent to $31,512.
There are two points...
Published on November 03, 2013 18:59