Postrel, Virginia
September 2006
Forbes Asia;9/4/2006, Vol. 2 Issue 14, p109
The article reports on the standard of living in the U.S. According to the Census Bureau, the median real income of a full-time working male rose only 4 percent between 1981 and 2001, from $44,000 to $45,900 in today's dollars. Wal-Mart and other superstores charge up to 27 percent less for food than traditional supermarkets, estimate economists Jerry Hausman and Ephraim Leibtag of the Department of Agriculture.


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