FARM REPORT

At Last Count: $52,300

March/April 2014

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At Last Count: $52,300

The median annual household income in the United States as of October 2013, reported by the Stanford Center on Poverty and Inequality in The Poverty and Inequality Report 2014, represents a roughly 7 percent loss from the pre-recession (July 2007) figure of $56,100. The report assesses poverty rates, social safety net measures, inequality in income, wealth, health and education, and concludes: "It is worth considering whether a no-holds-barred commitment to job-delivering reform might be a more efficient and sustainable way forward" as opposed to piecemeal attempts to reform institutions.

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