US household income falls as gap between rich and poor widens

State and local gov­ern­ments have run out of funds from the 2009 stim­u­lus pack­age that helped bal­ance their bud­gets and are now hav­ing to cut jobs, said Shel­don Danziger, direc­tor of the Uni­ver­si­ty of Michi­gan’s Ger­ald R. Ford School of Pub­lic Pol­i­cy’s

http://business.financialpost.com/2012/09/12/u-s-household-income-falls-as-gap-between-rich-and-poor-widens/