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Government shutdown looms after Trump-backed bill fails; Environmental groups sue CA Air Resources Board over biogas credits; NY elected officials work to electrify municipal buildings; Need a mental health boost? Talking hot dog is here.

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President-elect Trump repeats his threats to jail Jan. 6th committee members, while also putting a stop-gap spending plan in jeopardy. A court removes Fani Willis from Trump's Georgia election interference case. The FAA restricts drones in New Jersey, and a Federal Reserve rate cut shakes markets.

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Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

Report: Arizona Income Growth Sluggish Since 1979

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Monday, February 24, 2014   

PHOENIX - Income for Arizonans expanded by just 17 percent between 1979 and just before the Great Recession hit late in 2008, according to a new report. That isn't an incredibly healthy growth rate for a span of almost 30 years, and when the Economic Policy Institute examined the numbers by income level, it found most of the money went to the top 1 percent of earners.

According to Mark Price, who co-authored the report, worker productivity is at its highest level - but most workers aren't sharing in the prosperity.

"The bottom line is that if they're not taking it home in their paychecks, a lot of it's flowing up to the very highest-income folks," Price said.

The report found just over 84 percent of the income growth in Arizona between 1979 and 2011 went to the wealthiest 1 percent, whose incomes grew even during the recession.

Price said the lowest-wage workers aren't the only ones missing out on the profits. He pointed to the decline of unions as a contributing reason middle-class employees in Arizona have actually seen their earnings sag. And there's one more thing...

"There was a time in America when a CEO getting a big pay package - a raise - in a period of high unemployment would inspire a lot of public outrage," he recalled. "And that culture, obviously, has changed."

The report shows that the average income of the top 1 percent in Arizona is more than $713,000 a year. The average for everyone else is near $35,000 a year.

Arizona details are at EPI.org.




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