Income gap between poor families and others: Signs of individual freedom or proof of social inequality?

Edward O'Boyle ()

Forum for Social Economics, 2003, vol. 32, issue 2, 57-65

Abstract: In 2001 the mean income deficit for poor families was $7,231. The mean income surplus for nonpoor families was $57,841. The sum of those two estimates—$65,072—represents what we call the family income gap. Between 1993 and 2000—the period marking the longest expansion in U.S. economic history—the real family income gap grew on average by $1,143 every year.

Date: 2003
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DOI: 10.1007/BF02779079

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