>However, I came accross this particularly ridiculous statement in one of the >chapters I'm reading: "The median income of all individual stockholders is >not dramatically higher than the median income of all American families." Median household income was $28,906 in 1989; according to the NYSE's 1990 shareholder survey, median income of the average stockholding household in 1989 was $43,800. That looks like 51% higher, which is pretty dramatic where I come from. According to the same survey, 1 in 4 adults owned stock, and nearly twice as many men as women. Doug -- Doug Henwood Left Business Observer 250 W 85 St New York NY 10024-3217 USA +1-212-874-4020 voice +1-212-874-3137 fax email: <[EMAIL PROTECTED]> web: <http://www.panix.com/~dhenwood/LBO_home.html>
