Income drop is biggest in decades

New Census figures show that median household and family incomes went down from 2007 to 2008. It was the biggest decline in decades.

Both the number and percentage of households in poverty increased.

This while the gap between rich and everyone else is the greatest it's been since the great depression. No wonder. A recent analysis shows that 1/3 of all pay goes to highly paid executives, while the bailed out banks living on taxpayer money lobby against a recovery for the rest of us.

Yes, There Oughta Be A Law.