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Californians’ income falls for first time since WWII

Posted By admin On August 12, 2010 @ 4:41 am In Prison Planet | Comments Disabled

Mark Glover and Darrell Smith
Sacremento Bee [1]
Aug 12, 2010

Government statisticians have put a number on Californians’ paycheck pain last year: about $40 billion.

The federal Bureau of Economic Analysis said personal incomes of Golden State workers fell by that amount in 2009 compared with the previous year – the state’s first year-to-year decline since World War II. In the Sacramento region, income was off about $800 million.

The bureau said 2009 income statewide totaled $1.56 trillion, down about 2.5 percent from $1.6 trillion in 2008. The 2009 level also came in just under the 2007 total.

California’s decline was a third more than the national 1.8 percent personal income drop, reflecting the relative intensity of the state’s recession.

Full article here [1]

Having A Supply Of Healthy Foods That Last Just Makes Sense [2]

Californians income falls for first time since WWII 150410banner7 [3]

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URLs in this post:

[1] Sacremento Bee: http://www.sacbee.com/2010/08/11/2950736/californians-lost-out-on-40-billion.html

[2] Having A Supply Of Healthy Foods That Last Just Makes Sense: http://www.efoodsdirect.com//index.html?aid=14&adid=43

[3] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[4] Income falls 3.2% during Obama’s term: http://www.prisonplanet.com/income-falls-3-2-during-obamas-term.html

[5] High-income Californians may pay nation’s highest tax rate: http://www.prisonplanet.com/high-income-californians-may-pay-nations-highest-tax-rate.html

[6] New Yorkers’ Income Falls for 1st Time in 70 Years: http://www.prisonplanet.com/new-yorkers-income-falls-for-1st-time-in-70-years.html

[7] Middle Class Areas Shrink As Income Gap Grows, New Report Finds: http://www.prisonplanet.com/middle-class-areas-shrink-as-income-gap-grows-new-report-finds.html

[8] Census: Fast growth in states with no income tax: http://www.prisonplanet.com/census-fast-growth-in-states-with-no-income-tax.html

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