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These numbers do reflect changes between 2003 and 2004. They don't reflect any improvements in the economy in 2005." Tim Smeeding, an economics professor from Syracuse University, dialogue believes the disconnect might be explained by a population, particularly in the elderly category, which relies less upon earning a pay check and is more dependent upon capital gains growth. According to Smeeding, most of the income produced by the growing economy over the past few years has gone "to higher income dialogue people and has taken the form of capital income, interest, rents, and dialogue dividends." Also, if you rely upon what Nelson says about real job growth lagging behind economic growth, the picture doesn't really brighten up any. According to the Bureau of Labor Statistics, gains realized in real earnings by American workers are undercut by the rising cost of living for the average American.
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