Job loss is a terrible reality many people are facing lately, but the thing about the story that got me was the statistic Sara read in her report. She said that the average annual household income in Texas County is $24,000.
All these CEOs and head honchos ought to be ashamed. Not only should they be ashamed by Texas County's numbers, but also the average household income numbers of those counties with the highest averages in the state:
|1999 Median Household Income|
|Highest Household Income by County||Lowest Household Income by County|
|St. Charles County||$57,258||Dunklin County||$24,878|
|Platte County||$55,849||Wright County||$24,691|
|St. Louis County||$50,532||Texas County||$24,545|
|Cass County||$49,562||Wayne County||$24,007|
|Clay County||$48,347||Mississippi County||$23,012|
|Jefferson County||$46,338||Carter County||$22,863|
|Franklin County||$43,474||Ripley County||$22,761|
|Cole County||$42,924||Oregon County||$22,359|
|Lincoln County||$42,592||Ripley County||$19,671|
|Ray County||$41,886||Wayne County||$18,786|
Information from the Missouri Economic Research and Information Center.
I'd say this is a good indication that the divide between the rich and the poor is being pulled apart further and further.
Remind me again why people freaked about Obama's implying or saying "spread the wealth" during his campaign?
What are we supposed to do as a nation to deal with this problem?