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If You Didn't Hear It, Was It Really a Boom?

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Saved by 1 people (0 private), first by anonymouse user on 2008-04-09


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.The ... now-finished boom was, for most Americans, nothing of the sort. In 2000, at the end of the previous economic expansion, the median American family made about $61,000, according to ... inflation-adjusted numbers. In 2007, in what looks to have been the final year of the most recent expansion, the median family, amazingly, seems to have made less — about $60,500.

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